April 30, 2007
I support the proposed amendments to Regulation SHO and strongly urge the Commission to take all necessary steps to eliminate abusive short selling consistent with the Comission's mission to protect investors, maintain fair, orderly and efficient markets.
Based on publicly available information (via the Yahoo Finance website) regarding historical price, volume and shares short, I believe the stock of Home Solutions of America (HSOA) has been the target of "naked shorting". Currently approximately 34% of the outstanding shares of HSOA are listed as short.