Tuesday, February 26, 2008
LocateStock.com Daily High Five For Tuesday February 26, 2008

Jersey City, NJFebruary 26, 2008

The LocateStock.com HIGH FIVE for Tuesday, February 26th are:

5 – DryShips – NASDAQ:DRYS

4 – Take-Two Interactive Software – NASDAQ:TTWO

3 – Arthrocare – NASDAQ:ARTC

2 – MBIA – NYSE:MBI

1 – Ambac – NYSE:ABK

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.

* Thestreet.com upgraded its rating on DryShips to "buy" last week despite concerns about the strength of the global economy and unsustainable shipping rates that have eroded some of the enthusiasm for the shipping stock. Shares of DRYS started the week off Monday in low tide, losing $2.67 or 3.05% to $84.78.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) engages in the development, publication, and distribution of interactive software games designed for personal computers, video game consoles, and handheld platforms worldwide. It operates in two segments, Publishing and Distribution.

* Shares of Take-Two soared higher Monday after its larger rival Electronic Arts made a $2-billion, or $26-a-share, unsolicited offer. After Take-Two's management rejected the bid, EA turned hostile, taking its offer to Take-Two's shareholders. Take-Two rose $9.53 or 54.90% to $26.89.

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.

* Arthrocare was downgraded last Thursday, as weak first-quarter guidance and limited visibility prompted Lazard Capital to cut its rating on the surgical products maker. The stock was downgraded to "Hold" from "Buy," saying current uncertainty suggests that a neutral stance on the shares is prudent at this time. Earlier last week the company forecast 2008 profit and revenue in line with Wall Street expectations, but low first-quarter guidance implied that the year's growth will be weighted toward the second half of the year. Shares of ARTC were down 40 cents or .97% to $40.92 on Monday.

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.

* Standard & Poor's reaffirmed the Triple A rating on the two biggest bond insurers, MBIA and Ambac Financial Group on Monday. S&P ended its downgrade review for MBIA's triple A rating, citing success by the largest U.S. bond insurer in raising new capital. Shares of MBI shot up $2.40 or 19.70% to $14.58 on Monday.

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.

* Standard & Poor's Ratings Services affirmed its rating on MBIA and Ambac Financial Group on Monday, saying it appears the troubled bond insurers will raise enough cash to pay the claims they are likely to face. S&P affirmed its "AAA" rating on Ambac and MBIA, though Ambac remains under scrutiny for a downgrade in the next few months. ABK shares rose $1.70 or 15.87% to $12.41 Monday.

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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