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September 30, 2009


James Sellitti

Why are you in favor of naked shorting. Do traders have the right to keep selling shares of a company they don't have. Keep selling anything you don't have and the price will go down. Many start up companies are naked shorted these shares are paid for and never delivered and when the company goes belly up nobody then cares about the shares that were not delivered and the market makers got paid for something they never have and never delivered.

WZE traded 1,200,000 shares in Sept, 08 of that over 900,000 were fails The price went from $1.50 to $.90 that month and you say this is right......Give me a break!

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