LocateStock.com Daily High Five For Monday October 15, 2007

Jersey City, NJ – October 15, 2007

     

The LocateStock.com HIGH FIVE for Monday, October 15th are:

5 – Yingli Green Energy Holding – NYSE:YGE

4 – DryShips – NASDAQ:DRYS

3 – City Telecom HK – NASDAQ:CTEL

2 – VMware – NYSE:VMW

1 – LDK Solar – NYSE:LDK

Yingli Green Energy Holding Company Limited, (NYSE:YGE) through its subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd., engages in the design, development, marketing, manufacturing, and installation and sale of photovoltaic products in the People's Republic of China and internationally. Its products include polysilicon ingots and wafers, photovoltaic cells and modules, and integrated photovoltaic systems.

* Yingli Green Energy Holding ADS topped the list of Biggest Percentage Price Gainers on the New York Stock Exchange at the close last Thursday, gaining 4.7% and an additional 2.02% the following day. YGE shares have nearly tripled since their IPO earlier this year.

DryShips, Inc. (NASDAQ:DRYS) engages in the ownership and operation of drybulk carriers worldwide. The company's fleet carries various drybulk commodities, including coal, iron ore, and grains, bauxite, phosphate, fertilizers, and steel products. As of May 30, 2007, it owned and operated a fleet of 35 drybulk carriers comprising 5 Capesize, 25 Panamax, 3 Handymax, and 2 newbuilding Panamax vessels with a combined deadweight tonnage of approximately 2.9 million.

* DryShips opened at 114.51 on Friday. The stock hit a low of 114.50 and a high of 121.89. Shares reached its 52 week high of 122.90 in October and set its 52 week low of 12.63 in October. The stock has been moving upwards for the past year. Shipping stocks have been trading higher in today's market helped by dropping crude oil futures. Technical indicators for the stock are bullish and steady. Shares of DRYS gained $8.70 or 7.69% to $121.84 Friday.

City Telecom (H.K.) Limited (NASDAQ:CTEL) is an integrated telecommunications group principally engaged in the provision of international telecommunications and fixed network services. CTI was listed on the Hong Kong Stock Exchange (Stock Code: 1137) in August 1997 and dual listed on the Nasdaq National Market in the USA in November 1999.

 

* City Telecom reported Friday to The Stock Exchange of Hong Kong Limited in a 6-K filing that it is aware of recent increases in price and volume, yet has no reasons for such increases. City Telecom confirmed that there are no negotiations or agreements relating to intended acquisitions or realizations which may be of a price-sensitive nature. Shares of CTEL lost $1.65 or 15.35% Friday, 10/12.

VMware, Inc. (NYSE:VMW) and its subsidiaries provide virtualization solutions worldwide. Its virtualization solutions separate the operating system and application software from the underlying hardware to achieve improvements in efficiency, availability, flexibility, and manageability.

* VMware shares were upgraded Friday by Caris & Company from Above Average to Buy. Shares of VMW traded between 98.05 and 107.37 to gain 29 cents or .28% to $102.98 on the NYSE for the day.

LDK Solar Co., Ltd., (NYSE:LDK) through its subsidiaries, manufactures and sells multicrystalline solar wafers to the manufacturers of solar cells and solar modules in the People's Republic of China and internationally. It offers multicrystalline solar wafers between 180 and 240 microns in thickness.

* LDK’s former controller Charley Situ sent internal company records Thursday to LDK's auditors, the Securities and Exchange Commission and journalists – to support his allegations that LDK has misrepresented its level of inventories and profits. Those records include original warehouse and accounting records that appear to corroborate in detail Situ's charge that LDK's books overstated silicon inventories by 284 tons, as of Aug. 31. Shares of LDK lost $2.85 or 6.22% to $42.95 Friday.

The daily HIGH FIVE stocks are determined by the company’s proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The Company recently launched LocateStock TV, a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

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