LocateStock.com Daily High Five For Wednesday March 12, 2008

Jersey City, NJ – March 12, 2008

The LocateStock.com HIGH FIVE for Wednesday, March 12^th are:

5 – Ambac – NYSE:ABK

4 – Yingli Green Energy – NYSE:YGE

3 – IHOP – NYSE:IHP

2 – Abitibibowater – NYSE:ABH

1 – DryShips – NASDAQ:DRYS

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.

* Shares of bond insurer Ambac rose sharply in early Tuesday trading shortly after the Federal Reserve Board announced a plan to improve liquidity in the credit markets. The Fed said earlier Tuesday it will make up to $200 billion in cash available to financial institutions through a 28-day borrowing program. Shares of ABK rose 44 cents or 6.04% to $7.73 after plunging more than 23% one day earlier.

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.

* The Wall Street Journal reported on Tuesday that Goldman Sachs and CDH Investments have signed a preliminary agreement to invest a total of about $100 million in a Chinese solar water-heater manufacturer, according to a person familiar with the situation. According to IPOhome.com, two of 2007's five best-performing new listings were energy-related issues: Chinese solar-cell companies JA Solar Holdings more than quadrupled from its IPO price through the end of the year, and Yingli Green Energy more than tripled. Yingli Green shot up $1.50 or 11.37% to $14.69 on Tuesday.

Yingli 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.

 

* IHOP shares sank on Tuesday to no news. Shares were down 54 cents or 1.14% to $46.83 after gaining 1.5% the day before.

 

AbitibiBowater, Inc. (NYSE:ABH) produces various newsprint and commercial printing papers, market pulp, and wood products worldwide. It offers newspapers, as well as newsprint for various applications, including advertising inserts, flyers, brochures, circulars, telephone and other directories, and commercial guides.

* AbitibiBowater announced Monday the commencement of private offers to exchange any and all of the following notes (together, the "old notes") in a private placement for a combination of cash and new 15% Senior Notes due 2010 (the "new notes") to be issued by Abitibi-Consolidated Company of Canada ("ACCC"). BMO Capital Markets upgraded the stock Tuesday to Market Perform from Underperform, while Fitch downgraded the debt of Abitibi-Consolidated Inc., a unit of newsprint producer AbitibiBowater because of a likelihood of an upcoming partial default on securities as they reach maturity. Fitch lowered three ratings while the debt ratings remain on review for a further downgrade. ABH shed 70 cents or 7.91% to $8.15 after hitting a new low of $7.20.

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.

* The dryshipper rocked the boat on Tuesday and surged into high waters Tuesday rising $7.42 or 12.28% to $67.82.

 

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.