LocateStock.com Daily High Five For Monday December 31, 2007

Jersey City, NJ – December 31, 2007

The LocateStock.com HIGH FIVE for Monday, December 31^st are:

5 – Verenium – NASDAQ:VRNM

4 – Medivation – NASDAQ:MDVN

3 – ArthroCare – NASDAQ:ARTC

2 – Ambac – NYSE:ABK

1 – DryShips – NASDAQ:DRYS

Verenium Corporation (NASDAQ:VRNM) engages in the development and commercialization of cellulosic ethanol, an environmentally-friendly and renewable transportation fuel, as well as high-performance specialty enzymes for applications within the biofuels, industrial, and health and nutrition markets. It produces fuel-grade ethanol from an array of feedstocks, including sugarcane bagasse, energy crops, agricultural waste, and wood products.

* According to theStreet.com, the best performer for the five trading days ending Dec. 20 was Powershares WilderHill Clean Energy Portfolio. Some of the biggest contributors to the fund's performance that week were two ethanol producing companies with their stock prices rebounding from an abysmal year. The fund's holdings of Pacific Ethanol and Verenium bounced 51.33% and 18.76%, respectively. Shares of Verenium dropped on Friday, 12/28 losing 22 cents or 4.07% to $5.19.

Medivation, Inc. (NASDAQ:MDVN) blends a unique business model with an experienced team to bring promising medical technologies from lab bench to patient bedside. The company's current product development programs address lucrative markets with significant unmet medical needs.

* Medivation shares declined Friday on no news. Shares of MDVN fell 35 cents or 2.36%, and are down 27% since their mid-June HIGH FIVE premiere.

ArthroCare Corporation (NASDAQ:ARTC) engages in the design, development, manufacture, and marketing of medical devices for use in soft-tissue surgery primarily in the United States and internationally. Its products are based on the patented soft-tissue surgical controlled ablation technology.

* ArthroCare was downgraded by an analyst from Susquehanna last week, saying the surgical products maker may come under pressure because health insurers are not covering its spinal technology. Susquehanna Financial Group analyst David Turkaly cut his rating to "Neutral" from "Positive." He said the spinal business is very profitable, and has posted the strongest growth of any ArthroCare unit over the last few years. Shares of ARTC were up 32 cents or .67% Friday on the NASDAQ.

Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.

* Warren Buffett's Berkshire Hathaway is starting a bond insurer, Berkshire Hathaway Assurance Corp., that would help state and local governments lower their borrowing costs. Buffett's entry puts pressure on the largest bond insurers, MBIA and Ambac Financial Group, whose shares sank a respective 15.9% and 13.8% after Buffett revealed his plans. ABK shares fell $4.02 to $25.12.

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.

 

* Drybulk shipping stocks climbed in afternoon trading Friday, as investors contemplated whether a recent slump in charter rates was merely a result of seasonal slowness, or if the market has reached its peak. Along with charter rates dipping over the holidays, Oppenheimer analyst Tim Tiberio said market speculation regarding China's economic prospects in 2008 and profit-taking has also dragged stocks down lately. DRYS shares surged $3.71 or 4.78% to $81.30 on the NASDAQ.

 

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

 

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