Tuesday, February 5, 2008
LocateStock.com Daily High Five For Tuesday February 5, 2008

Jersey City, NJFebruary 5, 2008

The LocateStock.com HIGH FIVE for Tuesday, February 5th are:

5 – Under Armour – NYSE:UA

4 – DryShips – NASDAQ:DRYS

3 – MBIA – NYSE:MBI

2 – Ambac – NYSE:ABK

1 – Arthrocare – NASDAQ:ARTC

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.

* Under Armour launched its first ever sneaker during Sunday's Superbowl. When the company announced it was advertising their new shoe during the Superbowl, their share price climbed about 30%. The move shows investors and Wall Street that Under Armour is serious about taking on Nike and Adidas in footwear. Shares of UA fell $2.49 or 5.82% to $40.29 the Monday after their Superbowl ad aired.

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.

* According to a press release put out Monday, the company announced that the transcript of the CEO Dry Bulk Forum which took place on Wednesday, January 30, 2008 is available at no cost and anyone interested may request a copy through www.capitallinkshipping.com. An audio replay is also available on www.capitallinkshipping.com and will remain archived on the site under "Events" for a period of three months. Shares of DRYS were down $1.62 or 2.18% to $72.67 on the NASDAQ on Monday.

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.

* Municipal bond investors were in a wary frame of mind Monday as they waited to learn whether ratings agencies will downgrade some ailing bond insurers. Among them is MBIA which is trying to avoid a Fitch downgrade. The insurer raised some capital to strengthen a balance sheet hurt by its bad investments in sub-prime assets. Standard & Poor's Corp. and Moody's Investors Service have been slower to take action on insurers' ratings, with the S&P putting MBIA on notice for possible downgrades last week. Shares of MBI were down 97 cents or 5.93% on Monday after ending last week higher.

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.

* Municipal bond investors were in a wary frame of mind Monday as they waited to learn whether ratings agencies will downgrade some ailing bond insurers. To date the most aggressive agency in issuing downgrades has been Fitch Ratings, which has cut ratings on the insurer Ambac Financial Group. The downgrade made it nearly impossible for the insurer to insure new issues. Previously, Standard & Poor's put Ambac on its negative watch list. Shares of ABK were down $1.81 or 13.71% to $11.39 on Monday.

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.

* Trading in shares of Arthrocare finished flat to close at $39.30 on Monday, however the stock has managed to maintain its presence on the HIGH FIVE for the past 10 days.

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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