LocateStock.com Daily High Five For Wednesday October 24, 2007

Jersey City, NJ – October 24, 2007

     

The LocateStock.com HIGH FIVE for Wednesday, October 24th are:

5 – General Steel Holdings – AMEX:GSI

4 – VMware – NYSE:VMW

3 – Yingli Green Energy Holding – NYSE:YGE

2 – LDK Solar – NYSE:LDK

1 – DryShips – NASDAQ:DRYS

General Steel Holdings, Inc. (AMEX:GSI) manufactures hot rolled carbon and silicon steel sheets in the People's Republic of China. Its semi-finished hot-rolled carbon and silicon steel sheets are used in the manufacture of tractors, agricultural vehicles, shipping containers, and in other specialty markets.

* General Steel rose higher after pegging third-quarter income at $7 million to $7.5 million on revenue of $300 million to $340 million. The analyst who follows the company is seeking a $7 million profit on revenue of $286.5 million. Shares closed up $1.26 or 10.73%, to $13.00.

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 announced Tuesday that their earnings conference call for the third quarter of 2007 is scheduled for Wednesday, October 24th at 5:00 pm ET. Shares traded up ahead of the call to gain $3.77 or 3.68% to $106.15.

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.

* Shares of YGE were up 3.13% Tuesday, 10/23 after the Chinese solar power company took a step backward in the previous two sessions. Yingli Green added 95 cents to $31.32 during Tuesday’s session on the NYSE.

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.

* The American Stock Exchange will launch trading in options on Wednesday, October 24, 2007 on the New York Stock Exchange listed stock of LDK Solar Company. Options will open with position limits of 25,000,000 shares. The options will trade on the March expiration cycle. The specialist will be Jane Street Specialist, LLC. A day earlier LDK Solar said it signed a contract worth about $534 million to supply solar wafers to solar cell maker Canadian Solar. Under the terms of the three year deal, LDK will begin delivery of the multicrystalline wafers in 2008, with 50 megawatts worth of capacity slated for the first year. Shares rose 54 cents or 1.34% to $40.84 Tuesday.

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.

* Jefferies has one drybulk shipper, DryShips on its "Top 10" list, but other Wall Street institutions have been bullish on the sector as well, with a few funds holding sizeable stakes in a number of drybulk shipping firms. Shares of DRYS rose 4% Monday and an additional $8.89 or 7.44% to $128.41 Tuesday.

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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