LocateStock.com Daily High Five For Thursday February 14, 2008

Jersey City, NJ – February 14, 2008

The LocateStock.com HIGH FIVE for Thursday, February 14^th are:

5 – Arthrocare – NASDAQ:ARTC

4 – Yingli Green Energy – NYSE:YGE

3 – MGIC Investment – NYSE:MTG

2 – E*TRADE Financial – NASDAQ:ETFC

1 – Blue Nile – NASDAQ:NILE

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%. ARTC rose 92 cents or 2.25% to $41.84 on Wednesday.

Yingli Green Energy Holding Company Limited, (NYSE:YGE) through its subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd., engages in the design, development, marketing, manufacturing, and installation and sale of photovoltaic products in the People's Republic of China and internationally. Its products include polysilicon ingots and wafers, photovoltaic cells and modules, and integrated photovoltaic systems.

* Shenzhen Topraysolar Co. on Wednesday launched the retail share offer of its $60 million stock market listing, seeking to become the first Chinese specialist maker of solar power cells to list domestically. Yinlgi Green which listed a couple of years ago reacted strongly to the news, rocketing $3.44 or 16.58% to $24.19. Shares of YGE were up 12% before Wednesday's session. 

MGIC Investment Corporation, (NYSE:MTG) through its subsidiary, provides private mortgage insurance to the home mortgage lending industry in the United States. The private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes.

* On Wednesday MGIC said it lost $1.47 billion, or $18.17 a share, thanks largely to soured bulk transactions in which home-equity securitizations were backed by loans generally "reflect[ing] lower average FICO scores and a higher percentage of ARMs [adjustable rate mortgages]." Shares of MTG lost $1.57 or 11.07% to $12.61 on the news.

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 on Wednesday said daily average revenue trades rose nearly 22% in January, while total retail client assets fell more than 12%. The company, in a statement, said its daily average revenue trades rose to 211,978, up 18.8% from a month earlier and 21.5% from the prior January. ETFC rose 14 cents or 2.81% to $5.12 on Wednesday.

Blue Nile, Inc. (NASDAQ:NILE) operates as an online retailer of diamonds and fine jewelry in the United States, the United Kingdom, and Canada. It offers diamond, platinum, gold, pearl, and sterling silver jewelry and accessories.

* Blue Nile shares dropped Wednesday after the online jewelry retailer predicted its first-quarter and 2008 earnings will miss analysts' expectations. The jewelry retailer gave guidance for first-quarter earnings of 11 cents per share, on revenue basically flat with the first quarter of 2007's $67.9 million. NILE shares sank $9.18 or 17.05% to $44.67 Wednesday. The stock has traded between $37.85 and $106.16 in the past year.

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

 

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