LocateStock.com Daily High Five For Thursday February 7, 2008

Jersey City, NJ – February 7, 2008

The LocateStock.com HIGH FIVE for Thursday, February 7^th are:

5 – E*TRADE Financial – NASDAQ:ETFC

4 – Ambac – NYSE:ABK

3 – MBIA – NYSE:MBI

2 – P.F. Chang's – NASDAQ:PFCB

1 – Arthrocare – NASDAQ:ARTC

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.

* The Wall St. Journal reported Wednesday that the purchase of $2 million of E*Trade shares by company insiders reflects their confidence in the online broker's potential to turn itself around. Ten E*Trade insiders, including its chairman and its acting chief executive, bought 474,761 shares of the company last week, according to filings with the SEC. For seven of the insiders, these were their first reported open-market purchases. News of the purchases sent E*Trade's stock up 10% to $4.62 last week. E*Trade shares rose 11 cents or 2.45% to $4.60 on Wednesday.

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, which has already been cut by Fitch but whose rating was reaffirmed at S&P amid last week's news that a bank consortium may throw it a life raft. ABK shares fell 38 cents or 3.34% to $11.01 Wednesday. The stock is down more than 17% this 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.

* MBIA said late Wednesday that it plans to raise $750 million selling new shares to prop up its struggling bond insurance business. Private-equity firm Warburg Pincus, which has already invested in MBIA will backstop the sale of 50.3 million new shares by agreeing to buy up to $750 million of preferred stock that may be converted into common stock later, subject to some conditions. MBIA also said it added $100 million to reserves to cover probable losses on securities backed by prime, second-lien mortgages. MBIA shares rose 62 cents or 4.16% to $14.28 in trading on Wednesday. Shares were previously down more than 9% this week.

P.F. Chang's China Bistro, Inc., (NASDAQ:PFCB) through its subsidiaries, engages in the ownership and operation of restaurants in the United States. The company operates full service restaurants under the brand names P.F. Chang's China Bistro' and Taneko Japanese Tavern'; and quick casual restaurants under the name Pei Wei Asian Diner'.

* Shares of casual dining operators dropped Wednesday after Cheesecake Factory predicted its 2008 profit and sales would be below Wall Street's expectations. After the market closed Tuesday, the company also reported a 35% drop in fourth quarter profit due to weak traffic and bad weather. P.F. Chang's China Bistro reacted to the news, falling $1.39 or 5.08% to $25.95.

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 Wednesday, Fortune reported that the immediate reason why Arthrocare has been a favorite among short sellers is that more than a dozen prominent investment firms - from one-man shops like Andrew Left's Citron Research, to those with $20 billion in assets like Och-Ziff Capital Management - have taken a short bet on Arthrocare (and of late been profitably right). The short interest as a percentage of Arthrocare's float stands at a punishing 44.6% - which is far out of whack with an industry average of well below 10%. The short-seller storm over Arthrocare has become so severe that one of the nation's largest insurers - State Farm - is attempting to use a Florida lawsuit to learn if there is anything peculiar about the business practices of a company that Arthrocare bought. Arthrocare shares added 11 cents or .28% to $39.34. The stock has been on the HIGH FIVE for the past 12 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.

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