Joined: Mar 2008
Posts: 5,559
Likes: 53
From: The 'Wack, BC, Canada
Bikes: Norco (2), Miyata, Canondale, Soma, Redline
If the bike was in an extreme position such as upside down or on its side when you did this you may or must have pushed some air down the line. And if you do this again there's no need to loosen any screws. Just push the pistons back and all is well.
In any event it sounds like you'll need to bleed the brake.