Replies to post #26987 on CurAegis Technologies Inc (fka CRGS)

[SULAX]

Torvecian, Merry Christmas to you too.

Quick question, The big investment banking firms that may be burying these positions on their balance sheets, are they US firms or overseas? The reason I ask is that after the crash in 2008 I can't believe that an auditing firm is going to blow by illegal activity...but it's been known to happen.


I appreciate your 4th bullet.

[tovcinatl]

Hey y'all from the ATL:

Still holding after all these years..whew..

Some really good news lately coming out of old Rochester. Thank you TOVC4ME and Torvecian for your insights. Factual and informative - a rarity these days :-)

To 2017! Merry Christmas and a 'CurAegis' New Year to all.

[Oakie1]

Great post, Torvecian! Welcome back. As you said, these aged fails are accounted for as "sold not yet purchased" liabilities on the broker/dealer's balance sheet. I also know naked shorting stays a theoretical issue unless the SEC judges otherwise in a finding. I believe there is a principal client and I believe I know who it is, as well as the circumstances which precipitated this presumed short position. But I still need to do more research beyond what I've already done. At a minimum for the sake of thoroughness. Now with a product likely to market things are looking up.

Merry Christmas to you also.