From: William Bare
Sent: May 28, 2007
To: rule-comments@sec.gov
Subject: File No. S7-08-07


I do not believe brokers/dealers or MMs should be allowed to maintain naked short positions after it becomes determined that insufficient shares are available to cover. After it appears on the SHO list the naked shorts should have to cover. These naked shorts are playing high stakes games with very little upfront money. It is causing wild swings in stocks by artificially suppressing their price. It is unfortunate that the law allows shorts to play this game at my expense.

Sincerely,
William Bare