CurAegis Technologies Inc (fka CRGS)

[bluewaterfind]

Knot on your last post the 5000 short was the UBS ask sitting at .44

It does seem like he is just trying to make 4 -5 cents trading it.

selling short at 44 or now 43 cents and then buying it back at .395 or .38

That is what it looks like.

There is still selling pressure from some of the old investors here. The short selling trader is just helping them to move it at a lower price then we all would like to see. So in reality the short trader here is helping the real sellers get out buy providing a little more trading volume. The short selling trader is in effect taking out some of the extremes on the price going up and going down. When the sellers are done we will notice a slow down in volume because the short seller will no longer be able to cover his trades and when we have good news we should see this thing move up faster with less resistance.

So over all the true reason for the stock going down is because of the un happy investors selling their stock. Not the short selling. In the end management plus the turn of events in the market is responsible for the shareholders sentiment. IMO

Just so you know I am a new and long term shareholder.