Subject: File No. S7-08-09
From: Tony Girolami
Affiliation: Investor

May 9, 2009

re instate the uptick rule. short sellers have done great damage to the market. there is no purpose in betting against companies. Own the stock because you like it or dont own it, but dont sell stock you dont even own.

Those that say the uptick rule is useless, why then are the so afraid to it? It worked for many years and you can see what happened when the SEC wrongly removed it after many years.

I agree with Jim Cramer that it should be reinstated and the shorts should be stopped.

I dont think you should be able to short sell any stock that is less than $ 1. It forces them into reverse splits which is very bad for the stockholders.