LocateStock.com Daily High Five For Monday December 17, 2007

Jersey City, NJ – December 17, 2007

The LocateStock.com HIGH FIVE for Monday, December 17^th are:

5 – LDK Solar – NYSE:LDK

4 – Evergreen Solar – NASDAQ:ESLR

3 – DryShips – NASDAQ:DRYS

2 – Yingli Green Energy – NYSE:YGE

1 – Dendreon – NASDAQ:DNDN

LDK Solar Co., Ltd., (NYSE:LDK) through its subsidiaries, manufactures and sells multicrystalline solar wafers to the manufacturers of solar cells and solar modules in the People's Republic of China and internationally. It offers multicrystalline solar wafers between 180 and 240 microns in thickness.

* Renewable energy stocks rose Friday after the Senate passed a revised energy bill, and solar-power companies reported new contracts. The bill -- passed by a vote of 86 to eight -- raised six-fold the amount of renewable fuels that must be used for blending of products like gasoline, to 36 billion gallons a year by 2022. LDK lost 41 cents or .72% on the news Friday.

Evergreen Solar, Inc. (NASDAQ:ESLR) engages in the development, manufacture, and marketing of solar power products primarily in Europe and the United States. The company uses its proprietary 'String Ribbon' technology process in manufacturing crystalline silicon wafers, the primary components of photovoltaic cells.

 

* Evergreen Solar climbed last Friday after it reported a 10-year polysilicon supply agreement with Silicium de Provence SAS on Thursday. An analyst from Calyon Securities lifted Evergreen's rating to "Buy" from "Add" and increased his price target to $22 from $15. Shares of ESLR were up $1.50 or 9.93% to $16.61 on the NASDAQ Friday.

 

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.

* Over the weekend, Frobes.com reported that Oil Services and Transportation stocks have a few strong contenders for investment interest, and among them is DryShips. Forbes.com continued, after a substantial retrenchment, Dry Ships appears poised for a substantial recovery. Shares of DRYS closed down $1.73 or 2.01% Friday.

Dendreon, Corp. (NASDAQ:DNDN) a biotechnology company, engages in the discovery, development, and commercialization of therapeutics that harness the immune system to fight cancer. Its product portfolio includes active cellular immunotherapy, monoclonal antibody, and small molecule product candidates to treat various cancers.

* According to CNBC, three members of Congress are asking the House Energy and Commerce Committee to hold a hearing about the Dendreon/Provenge saga. Dendreon shares spiked 24% on very heavy volume last Thursday and rose 5.01% the following day. The trio want an investigation into alleged conflicts of interest by two of the outspoken doctors who sat on the FDA panel that reviewed the prostate cancer drug and who voted against recommending approval of it. Shares of DNDN gained an additional 35 cents to $7.33 on Friday.

Yingli Green Energy Holding Company Limited, (NYSE:YGE) through its subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd., engages in the design, development, marketing, manufacturing, and installation and sale of photovoltaic products in the People's Republic of China and internationally. Its products include polysilicon ingots and wafers, photovoltaic cells and modules, and integrated photovoltaic systems.

* An index of emerging market ADRs fell Friday afternoon, but Chinese solar stocks continued to be a bright spot as they were pulled higher by China Sunergy after it signed a large deal with a German company. Shares of YGE shot up $3.79 or 11.78% to $35.95 on the NYSE.

 

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.