August 18, 2005
To: rule-comments@sec.gov
Subject: File No. 4-500

Let me offer QBID (pinksheets) as an example of stock manipulation. Week after week this stock trades with 90% or more of the trades occurring at the ask. NITE is the main market maker who sits on the ask selling shares by the billions. Interestingly, NITE spends very little time on the bid. My question is, how can NITE continue to sell shares at the ask without spending time on the bid to cover the shares he sells?

John T Berg