Thursday, March 13, 2008
LocateStock.com Daily High Five For Thursday March 13, 2008

Jersey City, NJMarch 13, 2008

The LocateStock.com HIGH FIVE for Thursday, March 13th are:

5 – IHOP – NYSE:IHP

4 – Thornburg Mortgage – NYSE:TMA

3 – DryShips – NASDAQ:DRYS

2 – E*Trade Financial – NASDAQ:ETFC

1 – WellCare Health Plans – NYSE:WCG


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 rose Wednesday on no news. Shares were up 67 cents or 1.43% to $47.50 after falling 1% the day before.

Thornburg Mortgage, Inc. (NYSE:TMA) operates as a single-family residential mortgage lending company. It originates, acquires, and retains investments in adjustable and variable rate mortgage (ARM) assets.

* On Tuesday the struggling lender Thornburg Mortgage restated its 2007 results to show a fourth-quarter loss instead of a profit, reflecting losses in its securities portfolio that it didn't recognize earlier. On Wednesday Bear Stearns upgraded Thornburg to Peer Perform from Under Perform. Shares of TMA rocketed $1.29 or 82.69% to $2.85 on Wednesday.

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 Dryships fell Wednesday after an index of shipping rates fell sharply and a Cantor Fitzgerald analyst cut her earnings estimate. Natasha Boyden said the shipper is poised to benefit from rising spot market vessel prices and kept a "Buy" rating on the stock. She cut her price target to $114 from $121 after the Greek company filed paperwork last week to boost the number of outstanding shares to 6 million. The target cut better reflects the new share count. The stock fell $5.10 or 7.52% to $62.72 on Wednesday after rising 12.5% the day before.

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 Monday, Donald Layton became the newly appointed chief executive of E-Trade Financial. Layton said there are no plans to sell or break up the embattled online brokerage, and that the company's $12 billion in troubled home equity loans on its books will force it to rebuild. The Wall St. Journal reported that the new CEO's pay package consists of a base salary of $1 million a year and has been granted a big slug of stock options and restricted stock valued at an additional $15.4 million. The pay package includes a $5 million severance package if he is terminated without cause or, in the event there is a change. Shares of ETFC lost 7 cents or 1.82% to $3.77 on Wednesday.

WellCare Health Plans, Inc. (NYSE:WCG) provides managed care services exclusively for government-sponsored healthcare programs, focusing on Medicaid and Medicare in the United States. It offers a range of Medicaid and Medicare plans, including health plans for families, children, the aged, blind and disabled, and prescription drug plans.

* On Monday, Thomas F. O'Neill II, a former Assistant U.S. Attorney, was named general counsel of WellCare Health Plans one of the top three executive positions at the company. The former general counsel, Thaddeus Bereday, was among the executives who stepped down in January in the wake of a federal probe of the managed care company. Shares of WCG lost $1.18 or 3.14% to $36.35 on Wednesday.

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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