RE:RE:RE:Scotia liquidated 700k shares in a margin call It might have been fundtrader....he started buying 5000 lots at $24 and he averaged down to get his average cost to $7 so he would have a whack of shares. When he didn't get the "$2 gap up" he predicted this morning the bank may have moved in.
startraveller77 wrote: No, he is correct, scotia sold 700,000 due to margin call....few holders have that kind of position, if it is MT it will be disclosed soon.