Subject: File No. S7-08-09
From: Mike C Kirk
Affiliation: Personal Investor

May 8, 2009

I would like to see the up-tick rule restored for all securities. But more damaging than anything else, was the naked short selling. The fact that you can have more short sales than the number of shares in existence should not be permitted. Naked short selling allows people to pile on, and drive a stock into the ground.

Thank you