LocateStock.com Daily High Five For Monday March 17, 2008

Jersey City, NJ – March 17, 2008

The LocateStock.com HIGH FIVE for Monday, March 17^th are:

5 – Countrywide Financial – NYSE:CFC

4 – Thornburg Mortgage – NYSE:TMA

3 – Sirius Satellite Radio – NASDAQ:SIRI

2 – EMCORE – NASDAQ:EMKR

1 – Bear Stearns – NYSE:BSC

Countrywide Financial Corporation, (NYSE:CFC) a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations.

* Countrywide is attempting to block a federal inquiry into the way it treats bankrupt borrowers, The Wall Street Journal reported Friday. The paper reported that the Justice Department is currently leading the probe, which alleges Countrywide used abusive behavior to penalize homeowners who defaulted on their loans. Countrywide is now actively fighting that assertion in court. The Office of the U.S. Trustee, the unit of the Justice Department that is handling the inquiry, is also suing the lender on similar charges in Florida, Georgia and Ohio. Shares of CFC were down 27 cents or 5.66% to $4.5o on Friday.

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.

* Thornburg Mortgage crumbled more than 20% last Thursday after receiving a default notice from Morgan Stanley. Morgan had loaned Thornburg $49 million and the jumbo lender couldn't pay its $9 million margin call. However, the stock made a slight recovery last week, rising 2 cents or .88% to $2.28 on Friday. TMA finished the week up, more than 200% from Monday's close.

Sirius Satellite Radio, Inc. (NASDAQ:SIRI) provides satellite radio services in the United States. It offers commercial-free music channels that provide a selection of music genres, such as rock, pop, hip-hop, country, dance, jazz, Latin, and classical; and channels of sports, news, talk, entertainment, traffic, weather, and data content.

* On Friday, Sirius Satellite Radio announced that it created a temporary station focused on the prostitution scandal that forced New York Gov. Eliot Spitzer to resign. It's called "Client 9 Radio," for the code name investigators used for Spitzer. Sirius says it created the station -- which airs from 5 p.m. Friday through the weekend -- in response to passionate listener response to the story since it broke on Monday. Shares of SIRI were down 11 cents or 3.87% to $2.73 Friday.

EMCORE Corporation (NASDAQ:EMKR) provides compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and terrestrial solar power markets. The company's Fiber Optics segment offers optical components, subsystems, and systems that enable the transmission of video, voice, and data over fiber optic cables for high-speed data and telecommunications, cable television, and fiber-to-the-premises networks.

* Shares of EMCORE dropped 84 cents or 8.44% to $9.11 on Friday on no news that day. On the Wednesday before, the stock jumped after an Oppenheimer analyst said the company had a number of positive growth catalysts, especially in its solar chip business.

The Bear Stearns Companies, Inc. (NYSE:BSC) operates as an investment banking, securities and derivatives trading, and clearance and brokerage company serving governments, corporations, institutions, and individuals worldwide. It operates through three segments: Capital Markets, Global Clearing Services, and Wealth Management.

* Bear Stearns stock lost nearly half its value on Friday as JPMorgan Chase and the Federal Reserve both rushed to pump new money into the venerable Wall Street firm after its financial state deteriorated so much in a 24-hour period that it threatened to fail. BSC dropped $27.00 or 47.37% to $30.00. And on Sunday JPMorgan Chase said it will acquire Bear in a deal valued at $236.2 million, or $2 a share in an all-stock deal.

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.