Monday, November 19, 2007
LocateStock.com Daily High Five For Monday November 19, 2007

Jersey City, NJNovember 19, 2007

The LocateStock.com HIGH FIVE for Monday, November 19th are:

5 – E-House (China) Holdings Limited – NYSE:EJ

4 – JA Solar Holdings – NYSE:JASO

3 – Canadian Solar – NASDAQ:CSIQ

2 – DryShips – NASDAQ:DRYS

1 – Diana Shipping – NYSE:DSX

E-House (China) Holdings Limited (NYSE:EJ) provides real estate agency services, real estate brokerage services, and real estate consulting and information services in the People's Republic of China. It primarily provides real estate agency services to residential property developers.

* Chinese real estate agency E-House (China) Holdings said last Thursday it expects its fourth-quarter revenue to rise by at least a third, while its full-year revenue should more than double year over year. The Shanghai company forecast its fourth-quarter revenue will increase 33 to 42% to $46 million to $49 million. For 2007, E-House expects revenue of $117 million to $120 million, up 109 to 114% over 2006. Shares of EJ plunged on Friday, losing $3.12 or 10.89% to $25.53 on the NYSE.

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 continued their gain Friday after Suntech Power Holdings posted a 44% jump in third-quarter profit. JA Solar Holdings gained $3.54 or 6.42% to $58.70 on Friday. JASO shares are up more than 20% last week.

Canadian Solar, Inc., (NASDAQ:CSIQ) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules to general specifications for use in various residential, commercial, and industrial solar power generation systems.

* Canadian Solar shares surged Friday after it announced it penned a deal to deliver solar panels with 60 megawatts worth of yearly generating capacity for projects in Spain. The company said it would start delivering the shipments to the German City Solar Group, which is managing the projects, immediately. Shares of CSIQ gained $2.27 or 14.65% to $17.76 on the NASDAQ.

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.

* Last week DryShips announced that it entered into short-term charters for two of its Capesize and one of its Panamax vessels with first class charterers. The company is also waiting on shareholder approval for a 3-for-1 stock split. The stock split, if approved, would be in the form of a dividend. Shares of DryShips fluctuated up and down all week to gain $1.74 or 1.99% in Friday'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.

* Diana Shipping dropped more than 5% last Wednesday despite reporting that its third-quarter earnings tripled. The Greek dry bulk shipper's net income soared to $50.4 million, or 78 cents per share, compared with $16.7 million, or 32 cents per share in the prior year. Its earnings included a $21.5 million gain from a vessel sale. The results beat Wall Street's consensus expectation of 45 cents per share. Shares of DSX lost 8 cents or .26% on 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

 

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

SOURCE:        Locate Stock, Inc.

 

 

 


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