Wednesday, November 21, 2007
LocateStock.com Daily High Five For Wednesday November 21, 2007

Jersey City, NJNovember 21, 2007

The LocateStock.com HIGH FIVE for Wednesday, November 21st are:

5 – E*TRADE Financial Corporation – NASDAQ:ETFC

4 – DryShips – NASDAQ:DRYS

3 – BIDZ.com – NASDAQ:BIDZ

2 – Focus Media Holding – NASDAQ:FMCN

1 – CarMax – NYSE:KMX

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.

* Shares of online brokers fell Tuesday after an analyst suggested E-Trade Financial's competitors are gearing up to lure its customers away. Shares of EFTC fell 91 cents or 19.32% to $3.80 after nearing levels of its 52-week low.

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.

* 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 fell $5.41 or 6.39% to $79.27 on Tuesday.

BIDZ.com, Inc. (NASDAQ:BIDZ) operates as an online retailer of jewelry primarily in the United States and internationally. The company operates a Web Site, bidz.com, for the purpose of selling merchandise, utilizing an online sales auction platform. Its product inventory includes gold, platinum, and silver jewelry set with diamonds, rubies, emeralds, sapphires, and other precious and semi-precious stones; and watches.

* Last week, the online jewelry retailer BIDZ.com reported a third-quarter profit of $3.6 million, or 14 cents a share, compared with $1 million, or 4 cents a share, in the year-ago quarter. Analysts were looking for EPS of 11 cents. Shares of the Culver City, Calif., company skyrocketed on the earnings news, gained 5.5% Monday and an additional $1.22 or 6.86% in Tuesday's session.

Focus Media Holding Limited (NASDAQ:FMCN) operates out-of-home advertising network using audiovisual television displays in China. Its out-of-home advertising network consists of commercial location network, in-store network, poster frame network, mobile handset advertising network, and outdoor LED network.

* China-based advertising company Focus Media Holding declined $5.15 or 9.01%, to $52.00 Tuesday. The company said late Monday third-quarter earnings rose 73% as revenue more than doubled. The stock fell nearly 10% in extended trading on Monday after falling 3.5% during afternoon trading.

CarMax, Inc., (NYSE:KMX) through its subsidiaries, operates as a retailer of used vehicles in the United States. The company purchases, reconditions, and sells used vehicles. It also sells new vehicles under franchise agreements.

* According to Fortune, recent reports by news outlets that Warren Buffet's Berkshire Hathway bought 14 million shares of CarMax, was distorted. Buffett wasn't directly involved in the purchase, however the stock was bought by GEICO, the auto insurer and a subsidiary of Buffett's company, Berkshire Hathway. On Monday, according to a Securities and Exchange Commission filing, the CFO and executive vice president of CarMax exercised options for 120,000 shares of common stock. In two Form 4s filed with the SEC Friday, Keith Browning reported he exercised the options last Wednesday for $2.44 a piece and then sold all the shares the same day for $21.39 to $21.77 apiece. KMX shares lost 3.3% Monday and an additional 50 cents or 2.33% to $20.95 on 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

 

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

SOURCE:        Locate Stock, Inc.


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