From: Ernest McLaughlin [mailto:mccloud@ragingbull.com]
Sent: Friday, July 20, 2001 8:19 PM
To: marketreg@sec.gov
Subject: OTCBB short position


To The Sec:

I'd like to offer my full support to the initiative of having Market Makers involved in the 
OTC:BB arena report the short positions they maintain in stocks they trade. I applaud the 
SEC for taking this action, and would encourage even more regulation of Market Maker conduct 
in the OTC:BB. Too many people and companies have been hurt by manipulation of OTC stocks by 
market makers. There is no reason the OTC:BB can't be just like a Nasdaq for micro-cap and 
development stage companies. A well lit, clean and transparent forum for trading stocks.


I have spent a gtreat deal of time with time and sales reports etc trying to figure out the 
buy and sell ratio on my stocks. My conclusion is that it is impossible to know and appears 
that the MMs in OTC stocks routimely short aften times more shares than actually exist in 
the float. I would welcome honest reporting even if it proved me wrong.

Ernie McLaughlin
Salkum, WA


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