Monday, November 12, 2007
LocateStock.com Daily High Five For Monday November 12, 2007

Jersey City, NJNovember 12, 2007

The LocateStock.com HIGH FIVE for Monday, November 12th are:

5 – DryShips – NASDAQ:DRYS

4 – RMK Strategic Income Fund – NYSE:RSF

3 – Yingli Green Energy - NYSE:YGE

2 – Evergreen Solar – NASDAQ:ESLR

1 – JA Solar Holdings – NYSE:JASO

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 new building Panamax vessels with a combined deadweight tonnage of approximately 2.9 million.

* DryShips sank last week even though the Greece-based shipper posted better-than-expected results after the close on Tuesday. The company earned $103.5 million, or $2.92 per share, compared with $3.5 million, or 11 cents per share, in the year-ago quarter. Adjusted to exclude a one-time gain from the sale of two vessels, the company earned $84.3 million, or $2.38 per share. Shares of DRYS lost $4.07 or 4.03% Friday after being down previously more than 13% earlier in the week.

RMK Strategic Income Fund, Inc. (NYSE:RSF) operates as a diversified and closed-end management investment company. The fund primarily invests in debt securities and equity securities.

* The Net Asset Values of some Regions Morgan Keegan funds were incorrectly reported on Friday, October 19, 2007. Revised corrected NAVs for that date are as follows: RMK Strategic Income -- $6.66. Most recently, shares of RSF gained 20 cents or 3.99% this past Friday.

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.

* First Solar led a surge in solar-product stocks last Thursday after the company reported a significant increase in third-quarter profit. Shares of YGE gained 2.5% Thursday, and came-off $3.94 or 11.01% in Friday's session.

Evergreen Solar, Inc. (NASDAQ:ESLR) engages in the development, manufacture, and marketing of solar power products primarily in Europe and the United States. The company uses its proprietary 'String Ribbon' technology process in manufacturing crystalline silicon wafers, the primary components of photovoltaic cells.

 

* Shares of solar power-related stocks were among the market's winners Thursday, with several names soaring after First Solar shattered Wall Street's earnings expectations. Fellow solar power player, Evergreen Solar sprung up more than 17% as a result Thursday, but fell $1.91 or 11.94% the following day.

 

JA Solar Holdings Co., Ltd. ( NASDAQ:JASO) through its subsidiaries, designs, manufactures, and sells solar cells primarily in the People's Republic of China. It offers mono-crystalline solar cells. The company sells its products primarily through a team of sales and marketing personnel to solar module manufacturers, who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.

* JA Solar Holdings shares fell Friday after the solar-cell maker reported a surge in third-quarter profit, and lifted its outlook for 2007 and 2008, amid a broader market sell-off, as a Goldman Sachs analyst expressed concern about its fourth-quarter margins. JA Solar shares plunged $15.05 or 21.64% to $54.51, however, its shares are still up more than 80% since the end of the second quarter. Shares of JASO traded up 16% ahead of the earnings call last Thursday.

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

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, Inc.

 

 

 


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