Jersey City, NJ – February 12, 2008

The LocateStock.com HIGH FIVE for Tuesday, February 12^th are:

5 – IHOP Corp. – NYSE:IHP

4 – DryShips – NASDAQ:DRYS

3 – AgFeed Industries – NASDAQ:FEED

2 – E*TRADE Financial – NASDAQ:ETFC

1 – Arthrocare – NASDAQ:ARTC

IHOP Corp. (NYSE:IHP) and its subsidiaries develop, franchise, and operate International House of Pancakes (IHOP) restaurants in the United States and Canada. Its family restaurants feature table service, and food and beverage items.

* On Monday, IHOP announced in a press release, that on Tuesday, Feb. 12, IHOP restaurants nationwide will celebrate National Pancake Day from 7 am to 10 pm and offer each guest a free short stack of buttermilk pancakes. In return IHOP will ask guests to donate what they would have paid for the pancakes or more to Children's Miracle Network or other local charities. Shares of IHP rose 14 cents or .33% to $43.13 Monday on the NYSE.

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.

* DryShips announced Monday that it will release its results for the fourth quarter and year end 2007, after the market closes in New York on Thursday, February 14, 2008. A conference call will be held the following day at 10:00 a.m. and will also be aired via webcast. Shares of DRYS shot up $4.50 or 6.14% to $77.78 on the NASDAQ Monday.

AgFeed Industries, Inc., (NASDAQ:FEED) through its subsidiaries, engages in the research and development, manufacture, marketing, and sale of fodder and blended feed for domestic animal husbandry markets in the People's Republic of China. Its products primarily includes pre-mix fodder that is designed for use in all stages of a pig's life; and blended feeds, which is used for the infant stage of a pig's life.

* AgFeed said last week that its hog raising business has not been hurt by the winter storms in South China due to the company's adequate heating facilities at its six commercial hog farms. AgFeed also said it expects the winter weather to cause additional shocks to the already very tight hog supply in China, especially during the Chinese New Year. Shares of FEED fell 29 cents or 2.99% on the Monday after the Chinese New Year kicked off.

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 said on Monday that it would sell nearly all of its RAA Wealth Management business to PHH Investments Ltd as the online brokerage takes steps to shed non-core assets and bolster a balance sheet hit by subprime losses. The NASDAQ also reported that E-TRADE is among five NASDAQ stocks with the five biggest positions in short interest from mid-January to late January. Shares of ETFC were down 20 cents or 3.87% to $4.97 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.

* Late 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 shot up $4.47 or 11.37% to $43.80 on Monday. The stock has been on the LocateStock HIGH FIVE for the past 15 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.

0 Comments:

Links to this post: