February 2, 2007
The comment period for this issue ended September 19, 2006.
Comments are still being posted by confused and abused investors.
Still nothing is done.
What will it take for the SEC to do what it right? Good people at the SEC - we implore you. DO THE RIGHT THING - there are those among you who are with the enemy, and you must ACT. The investing public is being mugged on a daily basis, and the folks doing the mugging are those enforcing the rules. Please help us.
Eliminate the felonious Grandfather Clause. Force those who have stolen to make right. The SEC claims there is no problem, but they also claim that doing what it would take to start solving the problem (which doesn't exist) would cause excessive volatility.
Which is it? If it isn't really a problem, why would a huge short squeeze occur?
Do the right thing. Make them settle.