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Dino1717

06/10/09 12:46 AM

#16608 RE: blue heron #16607

You are right on the button Blue....

I am familiar with the trade (20,900 shares to be exact). I do not care to get into much of a discussion about it, other than to confirm that it was not intended to go off, and it WAS part of a margin call.

The trader was notified they had until 3 p.m. Thursday to settle a $60,000 margin call from a non Torvec stock purchase, but Bank of America traded their Torvec shares as well as other shares in the account 2 days early.

Nice to see that there were traders ready to take those shares.

Dino