May 6, 2009
To Whom It May Concern,
Short selling is not investing in a company. It is nothing more than a way of taking investors money that has invested in a company. Investing allows a company to do research, expand, hire new workers on expansion, with the new venture capital. Shorting has no real reason other than for the person that is shorting that company. No American should capitalize on any catastrophe that may occur in this great country of ours. Shorting is nothing more than throwing salt in the wound. I wish shorting was taken out of the market. Its nothing more than legal thievery. At least put a limit on it and take out the naked shorts. They should at least have to buy the stock like I do. If they had to buy the stock they wouldn't be able to short by the millions of shares.
Sincerely,
Harry A. Rhodes Jr