LocateStock.com Daily High Five For Monday February 4, 2008

Jersey City, NJ – February 4, 2008

 

The LocateStock.com HIGH FIVE for Monday, February 4th are:

 

5 – DryShips – NASDAQ:DRYS

4 – E*TRADE Financial – NASDAQ:ETFC

3 – MBIA – NYSE:MBI

2 –Arthrocare – NASDAQ:ARTC

1 – Ambac – NYSE:ABK

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.

* On Thursday, Reuters reported that demand for dry bulk shipments will remain strong this year despite a recent crash in freight rates, growing fears of a U.S. recession, a weak dollar and high oil prices, chief executives of four major dry bulk carriers said at an industry forum on Wednesday. Demand from China and other emerging economies will offset falling freight rates, the CEOs of DryShips, and other shippers said. Shares of DRYS were down 14 cents or .19% to $74.29 on Friday.

E*TRADE Financial Corporation, (NASDAQ:ETFC) through its subsidiaries, offers financial solutions to retail and institutional customers worldwide. It provides retail investments and trading, which include automated order placement, and execution of market and limit equity, futures, options, exchange-traded funds, mutual funds, and bond orders, as well as offers quick transfer, wireless account access, extended hours trading, quotes, and research and advanced planning tools.

* E*TRADE Financial announced Thursday that the company will debut two thirty-second advertisements during Super Bowl XLII — to air February 3 on FOX — a strategic investment that will gain the Company broad exposure to a captivated audience of financial services consumers. E*TRADE has augmented its 2008 marketing spend by 30 percent over 2007, as the Company believes that marketing and advertising are critical factors in reinforcing the strength of its consumer brand. With more than 90 million viewers expected to watch the game, the Company's Super Bowl advertisements are a significant component of its 2008 advertising campaign. Shares of ETFC ended the day flat on Friday to close at $4.97.

 

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.

* Standard & Poor's on Friday warned that it may still cut its rating on MBIA. And Moody's, for its part, warned it will probably hit some bond insurers with downgrades this month. On Thursday, the bond insurer said in a conference call that it has enough cash to stay afloat. The company also reported that it took a fourth-quarter loss of $2.3 billion, or $18.61 a share thanks to risky investments in second-lien mortgages and collateralized debt obligations squared (CDOs backed by other CDOs). That reverses a year-ago profit of $1.32 a share. MBIA ended the day up 11% on Thursday and an additional 86 cents or 5.55% to $16.36 on Friday. Shares added 66% the previous week.

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.

 

* Shares of Arthrocare were up 5% before Friday when shares fell 73 cents or 1.82% to $39.30. The stock closed down 22% the previous week.

 

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.

* Standard & Poor's on Friday affirmed Ambac's crucial perfect rating, and Moody's, for its part, warned it will probably hit some bond insurers with downgrades this month. Ambac Financial bounced 6.8% on Thursday and gained an additional $1.56 or 13.40% to $13.20 after being down 20% earlier in the week.

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 / 201-332-6800SOURCE:        Locate Stock, Inc.