Home Solutions Of America Inc fka HSOA

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Given the heavy shorting of HSOA, I hope those here will forgive my intrusion urging the elimination of naked shorting that is allowed by MM's and option MM's.

I've been playing the options of HSOA, largely writing puts to take advantage of the large spreads and premiums. In doing so, it became apparent that the liquidity presented to the public is a joke. Experiment with some of the puts. You'll see wide spreads. If you become the best bid or offer, you are quickly placed in a sea of other level 2 matching numbers which suddenly appear once little old me becomes the de facto market maker. Yes, the market is a joke and transparent only to those who are large enough to have the MM in their pocket so to speak.

This comment by Overstock CEO re the SEC's proposal to eliminate the options MM exception which allows them to NAKED SHORT IS MUST READING and I urge readers to send in comments agreeing. Quite simply, options MM's are allowed to rob us retail investors under the guise of providing liquidity in the options markets. Anyone who trades options on the retail side knows that this liquidity is a joke and this process is really a "line the pockets" of the MM's and large investors, e.g., hedge funds.

http://sec.gov/comments/s7-19-07/s71907-303.pdf

For further information on the subject, see

http://siliconinvestor.advfn.com/subject.aspx?subjectid=55464