4 – BIDZ.com – NASDAQ:BIDZ
3 – Empire Resorts – NASDAQ:NYNY
2 – VMware – NYSE:VMW
1 – E*TRADE Financial – NASDAQ:ETFC
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
* The transcript of the CEO Dry Bulk Forum which took place on
* Bidz shares have declined throughout the week after a report published Monday by Citron Research alleged, among other things, that the company holds excessive inventory. In a conference call Tuesday, Bidz CEO David Zinberg denied several of Citron's allegations. Shares are down 45% in the first two days of the week and fell an additional $1.79 or 15.05% on Wednesday.
Empire Resorts, Inc., (NASDAQ:NYNY) through its subsidiaries, operates in the hospitality and gaming industries in
* Empire Resorts lost 9% on no news Tuesday, and an additional 1.82% Wednesday on still, no news. 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.
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.
* Technology stocks rallied early Wednesday, following strong gains by the broader market on hopes for another interest-rate cut. VMware was among said stocks, pulling ahead $10.11 or 13.03%. Shares of VMW surged $10.02, or 12.9%, to $87.69 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.
* A sale of online brokerage E*Trade Financial, which has seen its shares crushed by credit woes in the mortgage business, would likely fetch between $10 and $11 per share, according to a lowered estimate by investment firm Fox-Pitt Kelton Cochran Caronia Waller. The price estimate is lower than the $18 per share estimate issued by Fox-Pitt last month. Shares of EFTC rose Wednesday, gaining 37 cents or 7.54%.
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.
CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, Inc.
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