Thursday, November 15, 2007
LocateStock.com Daily High Five For Thursday November 15, 2007

Jersey City, NJNovember 15, 2007

The LocateStock.com HIGH FIVE for Thursday, November 15th are:

5 – JA Solar Holdings – NYSE:JASO

4 – E*TRADE Financial Corporation – NASDAQ:ETFC

3 – DryShips – NASDAQ:DRYS

2 – Excel Maritime Carriers – NYSE:EXM

1 – Diana Shipping – NYSE:DSX

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.

* Solar-product stocks got a boost Wednesday after Canadian Solar posted a surprise third-quarter profit and Suntech Power Holdings reported a silicon supply deal. JA Solar shares gained 3% in Tuesday's session and an additional $2.59 or 5.17% to $52.71 on Wednesday.

E*TRADE Financial Corporation, (NASDAQ:ETFC) through its subsidiaries, offers financial solutions to retail and institutional customers worldwide. It provides retail investments and trading, which include automated order placement, and execution of market and limit equity, futures, options, exchange-traded funds, mutual funds, and bond orders, as well as offers quick transfer, wireless account access, extended hours trading, quotes, and research and advanced planning tools.

* After losing more than half its value Monday, E*TRADE Chief Executive Mitch Caplan ruled out the possibility of bankruptcy on Wednesday, days after an analyst said mounting credit losses and the potential loss of customer assets might make the discount brokerage insolvent. Caplan, who canceled a scheduled presentation at a Merrill Lynch banking conference on Wednesday, told television network CNBC that the company still has "real" balance sheet issues, but its retail franchise remains in "phenomenal" shape. Shares of EFTC rose 54 cents or 10.80% after falling off almost 60% earlier in the week.

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.

* On Tuesday DryShips announced that it has entered into short-term charters for two of its Capesize and one of its Panamax vessels with first class charterers. On Monday the company said it will hold a special shareholder meeting to approve an amendment that would allow for a 3-for-1 stock split. The stock split, if approved, would be in the form of a dividend. Shares of DryShips fell 14% Monday, gained back 17.5% Tuesday and fell Wednesday coming off $6.00 or 6.10%.

Excel Maritime Carriers, Ltd. (NYSE:EXM) engages in the ownership and operation of dry bulk carriers, and in the provision of seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, bauxite, fertilizers, and steel products worldwide. As of June 26, 2007, the company's fleet consisted of 16 vessels comprising 10 Panamax and 6 Handymax vessels with a total carrying capacity of 965,249 deadweight tonnage.

* On Wednesday, Greek drybulk shipper Excel Maritime Carriers said its third-quarter earnings nearly doubled on soaring charter rates, but missed Wall Street's expectations, sending shares sinking in pre-market trading. Shares of EXM lost $5.42 or 10.31% to $47.17 during Wednesday's session.

Diana Shipping, Inc., (NYSE:DSX) through its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Its fleet consists of dry bulk carriers that transport iron ore, coal, grain, and other dry cargoes along worldwide shipping routes.

* Greek drybulk shipper Diana Shipping said Wednesday its third-quarter earnings tripled on rising charter rates and a gain from a vessel sale. Results beat Wall Street expectations and sent shares up in pre-market trading. Diana Shipping rose 9% in pre-market trading after gaining 18.5% to close at $33.25 Tuesday. The company earned $50.4 million, or 78 cents per share, compared with $16.7 million, or 32 cents per share, in the year-ago quarter. The 2007 third quarter included a $21.5 million gain from a vessel sale. Shares of DSX managed to fall in mid-day trading though, losing $1.81 or 5.44% to $31.44.

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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