Tuesday, November 27, 2007
LocateStock.com Daily High Five For Tuesday November 27, 2007

Jersey City, NJNovember 27, 2007

The LocateStock.com HIGH FIVE for Tuesday, November 27th are:

5 – Radian Group – NYSE:RDN

4 – SunPower Corporation – NASDAQ:SPWR

3 – Hoku Scientific – NASDAQ:HOKU

2 – VMware – NYSE:VMW

1 – BIDZ.com – NASDAQ:BIDZ

Radian Group, Inc., (NYSE:RDN) through its subsidiaries and affiliates, operates as a credit enhancement company that provides credit protection products and financial services to mortgage lenders and other financial institutions. It operates in three segments: Mortgage Insurance, Financial Guaranty, and Financial Services.

* Last Wednesday, mortgage insurers MGIC Investment and Radian Group said the U.S. Securities and Exchange Commission has requested information about their failed $5 billion merger and a related subprime venture on the brink of collapse. The venture named Credit-Based Asset Servicing and Securitization, better known as C-BASS, has agreed to distribute its assets to creditors in a restructuring that would enable C-BASS to avoid bankruptcy. Shares of Radian fell 81 cents or 7.66% to $9.76 Monday.

SunPower Corporation (NASDAQ:SPWR) engages in the design, development, manufacture, and marketing of solar electric power products primarily in the United States, Germany, and Asia. It offers solar cells, solar panels, and inverters, which convert sunlight to electricity compatible with the utility network for residential and commercial applications.

* Shares in solar-panel maker SunPower rose as high as $115.00 Monday, helped by optimism that Congress would act quickly on an energy bill that would favor renewable sources. The chief executive of SunPower sold 60,000 shares of stock as part of a prearranged trading plan, according to a Securities and Exchange Commission filing Wednesday. In a Form 4 filed with the SEC, Thomas Dinwoodie reported he sold the shares for $111.56 to $117 apiece on Nov. 20. Shares of SPWR gained $2.03 or 1.92% to close at $108.00.

 Hoku Scientific, Inc., (NASDAQ:HOKU) a materials science company, focuses on clean energy technologies. The company designs, develops, and manufactures membrane electrode assemblies (MEAs) and membranes for proton exchange membrane.

* Shares of Hoku Scientific rose 38.85% as the provider of clean energy products inked a $306 million, eight-year supply deal with Solarfun. Hoku will deliver polysilicon to Solarfun, which produces photovoltaic cells and modules in China. Solarfun shares were up $2.30 to $8.22 at the close Monday.

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 fell $7.40 or 9.39% to $71.44 on Monday after a report by Cowen & Co. suggesting that the stock was overvalued. The report noted VMware could see upside potential in the fourth quarter but the underlying trend in numbers shows that growth is likely to decelerate by mid-2008. EMC holds an 86% stake in VMware. Cowen kicked off its coverage of EMC with a neutral rating.

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.

* The chief operating officer of online jewelry auctioneer Bidz.com exercised options for 55,000 shares of common stock, according to a Securities and Exchange Commission filing last Tuesday. In a Form 4 filed with the SEC, Claudia Liu reported exercising the options on Friday and Monday for $3.75 apiece and then selling the same number of shares on the same days for $16.79 to $17.82 apiece. Bidz.com is a roughly $400 million company whose stock has risen 125% since its May initial public offering. Shares of BIDZ soared Friday, gaining 14%, and lost $3.38 or 16.95% to $16.56 Monday on extremely heavy trading.

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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