Friday, April 25, 2008
LocateStock.com Daily High Five For Friday April 25, 2008

Jersey City, NJApril 25, 2008

The LocateStock.com HIGH FIVE for Friday, April 25th are:

5 – Circuit City – NYSE:CC

4 – DryShips – NASDAQ:DRYS

3 – Sirius Satellite Radio – NASDAQ:SIRI

2 – MBIA – NYSE:MBI

1 – Lehman Brothers – NYSE:LEH

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. It sells brand-name consumer electronics, personal computers, entertainment software, and related services in Circuit City stores in the United States and via Web sites, www.circuitcity.com and www.firedog.com.

* Circuit City Stores issued the following statement in response to a letter received yesterday from Wattles Capital Management, LLC: As noted in a press release dated April 14, 2008, Circuit City indicated that Blockbuster has not provided answers to a number of basic questions regarding its ability to finance its proposal. Based on the limited information available, Circuit City's financial advisor, Goldman, Sachs & Co., has advised the company that it believes that Blockbuster cannot in fact consummate the proposed transaction in light of the difficult current financing environment. CC shares fell an additional 6 cents or 1.30% to $4.56 Thursday. The stock is down more than 6% so far this week.

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.

* LocateStock.com CEO, John Tabacco, told Patti Domm of CNBC that DryShips is among the stocks most sought by short sellers this week. Shares of the Greek drybulk shipper fell Thursday just one day after the company said it will launch a tender offer for the minority of Norwegian offshore drilling services company Ocean Rig ASA it does not own. DryShips said early Tuesday it bought 33.3 million shares in Ocean Rig ASA for 45 Norwegian Kroner ($8.97) per share, bringing the company's stake to 54.3%. The stake also includes a 4.4% slice purchase by DryShips Chairman and Chief Executive George Economou. DRYS lost $2.70 or 3.20% to $81.71.

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.

* Sirius and XM will be stepping up to the earnings stage over the next few days. The numbers are important, at a time when the satellite radio providers are seeing steady subscriber growth and narrowing losses. Sirius is set to report earnings next Tuesday. Shares of SIRI were up 8 cents or 3.02% to $2.73 ahead of the earnings.

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.

* Shares of insurers rose Thursday as broader markets posted big gains on better-than-expected jobless claims and a broad rally in financial stocks. Shares of bond insurer MBIA rallied somewhat Thursday, a day after rival Ambac posted a $1.66 billion first-quarter loss. MBIA rose $1.01 or 11.49% to $9.80 after plunging 34% the day before.

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

* LocateStock.com CEO, John Tabacco, told Patti Domm of CNBC that financial stocks continue to dominate the HIGH FIVE list, and Lehman was the most popular stock sought by shorts for the 27th day. A day earlier Lehman said it bought money manager David J. Greene and Co. for an undisclosed sum. Shares of LEH rallied $2.69 or 6.16% to $46.38 on Thursday.

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, LLC


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