Bioelectronics Corp (BIEL)

[satelliteguy]

The definition of a Form T trade really should be "pre/post market report" because the trade itself was undoubtedly made during the day. At the end of the day the trader might find some shares in his "house account" that he forgot to journal over to his customer during market hours, or maybe it was a small block or odd lot that he was holding to see whether he'd be able to buy more for the customer. When I was buying in size through one particular MM, the trader used to collect small blocks in his house account and confirm them out to me either when the full order was complete, or at the end of the day -- so I wouldn't get nicked with his firm's mandatory $8.00 "ticket charge" for every little trade reported to me for the same stock during the course of the day.