LocateStock.com Daily High Five For Wednesday January 23, 2008

Jersey City, NJ – January 23, 2008

The LocateStock.com HIGH FIVE for Wednesday, January 23^rd are:

5 – JA Solar Holdings – NASDAQ:JASO

4 – Arthrocare – NASDAQ:ARTC

3 – Medivation – NASDAQ:MDVN

2 – Ambac – NYSE:ABK

1 – MBIA – NYSE:MBI

JA Solar Holdings Co., Ltd. ( NASDAQ:JASO) through its subsidiaries, designs, manufactures, and sells solar cells primarily in the People's Republic of China. It offers mono-crystalline solar cells. The company sells its products primarily through a team of sales and marketing personnel to solar module manufacturers, who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.

* A tumble in the U.S. markets helped weigh down an index of Asian ADRs on Tuesday, as investors feared that a domestic recession may pressure economies worldwide. However, JA Solar weathered the tumble, rising $4.12 or 7.32% to $60.42 on the NASDAQ.

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.

* On January 15^th, Bear Stearns initiated coverage on Arthrocare to "Outperform.' Shares of ARTC gained $1.88 or 4% to $48.93 on the NASDAQ Tuesday.

Medivation, Inc. (NASDAQ:MDVN) a biopharmaceutical company, engages in the acquisition, research, and development of various medical technologies. It develops small molecule drugs for the treatment of Alzheimer's disease, Huntington's disease, and Hormone-Refractory Prostate Cancer.

* Last Thursday, Roth Capital initiated coverage on Medivation to "Buy." Shares of MDVN lost 63 cents or 4.12% to $14.67 on the NASDAQ Tuesday.

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.

* Ambac Financial Group booked a massive loss Tuesday as mortgage-related troubles spread, but the bond insurer assured investors it remains a viable company even as its business slows. The fourth-quarter fallout led to a $3.26 billion loss. Shares of ABK rose $1.77 or 28.55% to $7.97 on Tuesday after declining a stunning 72% last week.

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.

* The New York State Insurance Department said Tuesday it is working with the beleaguered bond insurance market to ensure the stability and availability of bond insurance. MBIA has raised more than $1 billion over the past month in an effort to maintain its rating. On Friday, a Bank of America analyst cut its ratings on MBIA to "neutral" from "buy." Shares of MBI fell 61% last week, and started this week off in the green, gaining $3.98 or 46.55% to $12.53.

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.