Tuesday, December 18, 2007
LocateStock.com Daily High Five For Tuesday December 18, 2007

Jersey City, NJDecember 18, 2007

The LocateStock.com HIGH FIVE for Tuesday, December 18th are:

5 – Yingli Green Energy – NYSE:YGE

4 – AllianceBernstein Global High Income Fund – NYSE:AWF

3 – DryShips – NASDAQ:DRYS

2 – BIDZ.com – NASDAQ:BIDZ

1 – LDK Solar – NYSE:LDK

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 12% Friday and came off $2.74 or 7.62% to $33.21 on Monday.

Alliance World Dollar Government Fund II, Inc. (NYSE:AWF) operates as a nondiversified, closed-end management investment company. It invests primarily in sovereign debt and U.S. corporate fixed-income obligations.

* AllianceBernstein declared on December 14, 2007, a monthly income distribution of $0.085 per share of Common Stock plus an additional one-time income distribution of $0.030 per share of Common Stock. The total distribution of $0.115 is payable on January 18, 2008 to stockholders of record at the close of business on December 28, 2007. Ex-date will be December 26, 2007. Shares of AWF lost 6 cents or .47% Monday to $12.81.

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.

* Shares of drybulk shippers fell Monday as a key shipping index slipped, following a week of flat to slightly weaker spot vessel charter rates. Also Monday, DryShips said it agreed to purchase a 30.4 percent stake in offshore drilling contractor Ocean Rig ASA for about $405 million. Shares of DRYS closed down 2% Friday and an additional $12.09 or 14.35% to $72.18.

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 Wednesday, shares of business services operators rallied as investors' concerns about a possible pullback in consumer spending this season eased on data from SpendingPulse showing that holiday sales were headed to a strong start. BIDZ shares sold off Monday on no news, losing $1.11 or 10.77% to $9.20.

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.

* Shares of LDK Solar spiked Monday after the Chinese solar company said an investigation into whether it incorrectly reported its silicon inventories turned up no material errors. Shares gained $11.34, or 19.95% to $68.18 on the NYSE. An analyst from Goldman Sachs said in a client note the news "removes the overhang related to allegations of inventory inaccuracies" that had been plaguing LDK. However, she kept her "Sell" rating and $33 price target. For the third quarter, she expects gross margins to dip to 33.8 percent. And an analyst from CIBC World Markets kept his "Sector Underperform" or "Sell" rating until LDK clarifies its outlook.

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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