Thursday, February 21, 2008
LocateStock.com Daily High Five For Thursday February 21, 2008

Jersey City, NJFebruary 21, 2008

The LocateStock.com HIGH FIVE for Thursday, February 21st are:

5 – Yingli Green Energy – NYSE:YGE

4 – DryShips – NASDAQ:DRYS

3 – The New York Times Company – NYSE:NYT

2 – NutriSystem – NASDAQ:NTRI

1 – E*TRADE Financial – NASDAQ:ETFC

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.

* Solar-power stocks fell Wednesday after Suntech Power Holdings earnings report renewed fears that high silicon prices will temper profits in coming quarters. The company reported higher fourth-quarter costs because of surging polysilicon prices and its earnings and revenue fell short of analyst expectations. Yingli Green fell 57 cents or 2.85% to $19.43 on Suntech's news.

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.

* Shares of drybulk shippers fell Wednesday, as a key shipping index slipped and a Dahlman Rose & Co. analyst said the market is not showing signs of an expected post-holiday rebound in China. Analyst Omar Notka said the drybulk vessel rates have weakened over the last several days -- a time when the sector was widely expected to recover following a slowdown related to Chinese New Year celebrations. Shares of DRYS lost $2.12 or 2.53% to $81.73 on Wednesday.

The New York Times Company (NYSE:NYT) operates as a diversified media company in the United States. It operates through two segments, News Media and About.com.

* The New York Times Company said last week it would cut 100 newsroom jobs at its flagship newspaper as it girds for a weaker U.S. economy. Shares of NYT gained $1.27 or 6.41% to $21.07 on the NYSE Wednesday.

NutriSystem, Inc. (NASDAQ:NTRI) provides weight management and fitness products and services in the United States. Its weight management program consists of a pre-packaged food program and counseling.

* Nutrisystem shares shed more than 30% on a Broadpoint Capital downgrade to neutral from buy on Wednesday. Tuesday after the close, the company issued disappointing '08 forecast, estimating revenue between $690 million and $710 million. Analysts polled by Thomson Financial are looking for revenue of $825.3 million. Shares of NTRI plummeted $7.31 or 30.60% to $16.58 on the NASDAQ Wednesday.

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.

* On Wednesday, E-Trade announced plans to offer greater customization features and enhanced research tools to help customers make informed investment decisions with ease. Scheduled to roll out in phases over the next 30 days, the expanded tools and services address customer needs for greater knowledge and education about both US and global markets. Shares of ETFC lost 10 cents or 2% to $4.91 on Wednesday after shedding 2.5% the day before.

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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