Subject: File No. S7-08-08
From: Mark T. Sheehan
Affiliation: retired US government attorney-spokesman

April 20, 2008

I have lost about $40,000 (almost all my savings) in FRPT as it dropped from just over $30 to just over $1 in less than a year. I suspect naked short selling played a major role in this drop. If you can assure me it did not I would appreciate it. I hope you are finally going to do something about this practice, which allows hedge funds and others to prey on helpless small investors and small companies.