LocateStock.com Daily High Five For Tuesday January 22, 2008

Jersey City, NJ – January 22, 2008

The LocateStock.com HIGH FIVE for Tuesday, January 22^nd are:

5 – MGIC Investment – NYSE:MTG

4 – Moneygram International – NYSE:MGI

3 – MBIA – NYSE:MBI

2 – Under Armour – NYSE:UA

1 – Ambac – NYSE:ABK

MGIC Investment Corporation, (NYSE:MTG) through its subsidiary, provides private mortgage insurance to the home mortgage lending industry in the United States. The private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes.

* According to Jim Cramer's game plan that he laid out to save the economy, MGIC Investment is among mortgage insurers that the government needs to save. He suggests that the insurance covering municipal bonds could be sold to Warren Buffett or the highest bidder. Then Washington could guarantee the loans at 50 cents on the dollar. Shares of MTG gained 62 cents or 4.60% to $14.11 on Friday.

 

MoneyGram International, Inc., (NYSE:MGI) through its subsidiaries, provides payment services. It operates through two segments, Global Funds Transfer and Payment Systems.

 

* Moneygram International's stock plunged last week after the money-transfer agent said it sold a big piece of itself to an investment fund as the company's investment portfolio lost $571 million in value. Shares came off more than 66% last week while losing 55 cents to $4.29 after hitting a new low of $3.68.

 

MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.

* On Friday, a Bank of America analyst cut its ratings on three bond insurers, and MBIA was one of them. The analyst cut MBIA to "neutral" from "buy." Shares of MBI fell 61% last week, most recently losing 67 cents or 7.27% to $8.55 on Friday.

Under Armour, Inc. (NYSE:UA) engages in the design, development, marketing, and distribution of a range of apparel and accessories utilizing various synthetic microfiber fabrications in the United States and internationally. It offers products for men, women, and youth extending across the sporting goods, outdoor, and active lifestyle markets.

* Shares of Under Armour tumbled in pre-market trading Friday as a Wachovia Capital Markets analyst downgraded the athletic-apparel maker after it said earnings in the first half of 2008 should miss expectations due to marketing expenses. Under Armour lost 16.4% before the opening bell and fell an additional 24.42% or $9.05 to $28.01 to close. Under Armour was downgraded to "Market Perform" from "Outperform."

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.

* A unit of Ambac Financial Group lost a crucial top "AAA" credit rating on Friday, raising questions about the bond insurer's ability to win new business and potentially forcing investors to sell billions of dollars of insured bonds. Fitch Ratings cut Ambac Assurance Corp's top rating after the bond insurer scrapped plans to issue $1 billion of new equity. Shares declined a stunning 72% last week and most recently lost 4 cents or .64% to $6.20, after bottoming out at $4.50 a day earlier.

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.