Monday, February 11, 2008
LocateStock.com Daily High Five For Monday February 11, 2008

Jersey City, NJFebruary 11, 2008

The LocateStock.com HIGH FIVE for Monday, February 11th are:

5 – DryShips – NASDAQ:DRYS

4 – Alliance Data Systems – NYSE:ADS

3 – E*TRADE Financial – NASDAQ:ETFC

2 – Arthrocare – NASDAQ:ARTC

1 – MBIA – NYSE:MBI

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.

* Forbes recently wrote that DryShips is a public company. But the way George Economou runs the place, you'd hardly know it. Sitting in the library bar of Manhattan's Regency Hotel, Greek shipping billionaire George Economou throws back a salted nut before confronting the shareholder complaints that have been swirling around him. "Listen, guy," he says as if conducting a fractious conference call. "If you don't like it, you don't have to be here. Sell the stock." Many investors have taken this advice, recently slashing $2 billion, almost half the market value, from Economou's DryShips. Most recently shares of DRYS were up $2.53 or 3.58% to $73.28.

Alliance Data Systems Corporation, (NYSE:ADS) together with its subsidiaries, provides transaction, marketing, and credit services in the United States, Canada, and internationally. Its transaction services consist of card processing, billing and payment processing, and customer care; customer information system hosting; and merchant bankcard services.

* Alliance Data gained 6.92% Friday after the credit card services provider dropped its lawsuit against Blackstone Group, noting that the private-equity firm is working to complete its buyout of the company. ADS shares were pummeled late last month after the company sued Blackstone based on concerns that it may not close the acquisition. The stock closed up $3.56 to $55.02.

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 has spent $4 million to air two baby ads during the Super Bowl, that reached tens of millions of viewers. On E*Trade's YouTube channel the two ads have combined for more than a million views since Super Bowl Sunday. Some are saying the ads may be the best investment E*Trade has ever made. Shares of ETFC gained 35 cents or 7.26% to $5.17 on Friday.

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.

* Last week 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 12 cents or .31% to $39.33 on Friday. The stock has been on the HIGH FIVE for the past 14 days.

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 last 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 were up 40 cents or 2.82% to $14.60 on Friday.

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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