Subject: Short Selling (OTC)
Author:  pinkerton@graham.dowell.slb.com (DWL Pinkerton; Bobby) at Internet 
Date:    11/20/99 12:42 PM
     
     
     
        To whom it may concern:
     
     
    (OTC) Stocks being sold naked by MM's (Market Makers)
This issue should be regulated most people that buy OTCBB stocks think they 
are reporting 10Q and 10K.  They think that since they  are "listed" they 
report financials.  
Fortunately, this issue  is being resolved with the Eligibility Rule.  It 
is time to take fraudlent activities head on and take another step and regulate 
shorts. ILLEGAL SHORTING IN MY VIEW  is the biggest fraud we have in the market. 
If you are serious about protecting the public from any frauds, the SEC should 
regulate short sales in any stock markets as listed stock. There are new investors 
coming online every day, and most invest in penny stocks because of the prices, 
and most find good little company's that are turning things around. Many have 
lost money, because of ILLEGAL SHORTING. As I understand it, the SEC is 
currently considering regulating short sales on otcbb stocks listed. This is also 
a good idea. There're many games played by brokerages to manipulate the prices of 
these small stocks. Anything that you may do to put all this above board for all 
to see is a step in the right direction. A level playing field for all 
parties involved could be achieved with positive regulation.
     
Please look into this matter, and make a level playing field for all 
INVESTORS.
     
Kindest Regards,