Wednesday, November 28, 2007
LocateStock.com Daily High Five For Wednesday November 28, 2007

Jersey City, NJNovember 28, 2007

The LocateStock.com HIGH FIVE for Wednesday, November 28th are:

5 – SunPower Corporation – NASDAQ:SPWR

4 – VMware – NYSE:VMW

3 – Newcastle Investment Corp. – NYSE:NCT

2 – BIDZ.com – NASDAQ:BIDZ

1 – Empire Resorts – NASDAQ:NYNY

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.

* Hewlett-Packard said Tuesday it contracted with SunPower and Airtricity Holdings to expand its use of renewable energy at its San Diego and Ireland facilities. HP will install a one-megawatt SunPower solar-panel system in San Diego, providing more than 10 percent of its energy use there.. Shares of SPWR gained 2% Monday and lost $2.40 or 2.22% in the following session .

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 pared Monday's 9% loss following 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. Shares of VMW gained $6.14 or 8.59% to $77.58 Tuesday.

Newcastle Investment Corp. (NYSE:NCT) operates as a real estate investment and finance company that invests in and manages a portfolio consisting primarily of real estate securities. The company's portfolio of real estate securities includes commercial mortgage backed securities, senior unsecured debt issued by property REITs, real estate related asset backed securities, and agency residential mortgage backed securities.

* Shares of Newcastle fell 26 cents or 2.03% Tuesday on no news. In the beginning of the month, the company booked a loss in third-quarter funds from operations after taking charges on some investments. Shares of the REIT hit a 52-week low of $12.15 that day and have recovered about 1% since.

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.

* Finally, shares of online jeweler Bidz.com got a $4.67 haircut to $11.89. The Culver City, Calif., company announced that sales increased 78% year over year during a record Thanksgiving weekend. Despite the good news, Bidz continues to expect revenue of $56 million to $58 million, which leans toward the low end of consensus estimates. Shares of BIDZ plunged Monday losing 17% and came off an additional 28.2% Tuesday.

Empire Resorts, Inc., (NASDAQ:NYNY) through its subsidiaries, operates in the hospitality and gaming industries in New York. It owns and operates Monticello Raceway, a harness horseracing facility, which conducts pari-mutuel wagering through the running of live harness horse races, the import simulcasting of harness and thoroughbred horse races, and the export simulcasting of its races to offsite pari-mutuel wagering facilities.

* Empire Resorts lost 8.93% on no news Tuesday. The company reported third quarter results on November 9th of a per-share loss $0.09. Third quarter revenue reported was $22.5 million. Reuters estimated third quarter earnings per share view $-0.09, and revenue view of $24.10 million. Shares of NYNY gave up 35 cents to $3.57 in Tuesday's session.

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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