LocateStock.com Daily High Five For Friday February 8, 2008

Jersey City, NJ – February 8, 2008

The LocateStock.com HIGH FIVE for Friday, February 8^th are:

5 – Ambac – NYSE:ABK

4 – Sport Supply Group – AMEX:RBI

3 – MBIA – NYSE:MBI

2 – P.F. Chang's – NASDAQ:PFCB

1 – Arthrocare – NASDAQ:ARTC

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.

* On Thursday Moody's cut Security Capital Assurance's financial-strength rating to "A3" from "AAA." However Ambac, which has already been cut by Fitch but whose rating was reaffirmed at S&P traded flat on the news. Shares of ABK rose 2 cents or .18% to $10.96 Thursday.

Sport Supply Group, Inc. (AMEX:RBI) engages in the manufacture, marketing, and distribution of sporting goods equipment, soft good athletic apparel, and footwear products, as well as physical education, recreational, and leisure products primarily to the institutional market in the United States. Its sporting goods product line comprises equipment and soft goods for various sports, such as football, baseball, softball, basketball, volleyball, soccer, tennis, and other racquet sports.

* Shares of Sport Supply Group shot up $2.07 or 22.55% to $11.25 on no new news Thursday.

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 has sold $1 billion of its shares at $12.15 each, syndicate sources said Thursday, in an offering that provides much needed capital as it struggles to maintain its credit ratings. The 82.3 million shares were sold below the stock's closing price of $14.20, down 8 cents on the New York Stock Exchange. Shares of MBI lost 8 cents or .56% to $14.20 on Thursday. The stock is down about 10% 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'.

* P.F. Chang's China Bistro is rolling out new grill and dessert items nationwide. The Chinese Grill Menu features new dishes including Grilled Sichuan Chicken Flatbread, Citrus Soy Wild Salmon and an Asian Marinated New York Strip Steak. The Scottsdale restaurant chain also created eight mini desserts, including a version of its signature Great Wall of Chocolate. Shares of PFCB rose 78 cents or 3.01% to $26.73 after being down more than 5% the day before.

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 13 cents or .33% to $39.21 on Thursday. The stock has been on the HIGH FIVE for the past 13 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.