LocateStock.com Daily High Five For Wednesday May 14, 2008

Jersey City, NJ – May 14, 2008

The LocateStock.com HIGH FIVE for Wednesday, May 14^th are:

5 – DryShips – NASDAQ:DRYS

4 – Nxstage Medical – NASDAQ:NXTM

3 – Lehman Brothers – NYSE:LEH

2 – Hovanian Enterprises – NYSE:HOV

1 – Canadian Solar – NASDAQ:CSIQ

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.

* DryShips announced Tuesday that it will release its results for the first quarter 2008, after the market closes in New York on Monday, May 19, 2008. DryShips' management team will host a conference call on Tuesday, May 20, 2008, at 9:30 a.m. Eastern Daylight Saving Time to discuss the Company's financial results. Shares of DRYS were up $1.56 or 1.61% to $98.20 on Tuesday after rising more than 5% the day before.

NxStage Medical, Inc., (NASDAQ:NXTM) a medical device company, engages in the development, manufacture, and marketing of systems for the treatment of end-stage renal disease and acute kidney failure in the United States. The company's primary product includes NxStage System One, a portable hemodialysis system, which is designed to provide physicians and patients' flexibility in prescribing and delivering hemodialysis therapy.

* NxStage reported a net loss of $13.9 million, or 38 cents a share, widened from a net loss of $12.0 million, or 41 cents a share, for the first quarter of 2007. But, on an adjusted EBITDA basis, the company said it lost of $8.3 million, down from a loss of $10.7 million a year earlier. First quarter revenue totaled $31.0 million, vs. $8.4 million in the year-ago period. Looking ahead, NxStage said to expect an adjusted net loss of between $28 million and $31 million on revenue in the range of $130 million to $135 million. Shares of NXTM fell $1.82 or 27% to $4.92 on Tuesday.

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.

* Oppenheimer cut its second-quarter, fiscal 2008 and fiscal 2009 earnings estimates on Lehman Brothers along with Goldman Sachs, Merrill Lynch and Morgan Stanley on Tuesday, in part because of expected revenue reversals that will be required by a new accounting treatment. Shares of LEH lost $1.60 or 3.59% to $42.95 on the news.

Hovnanian Enterprises, Inc. (NYSE:HOV) engages in building residential homes in the United States. It designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill, and adult homes.

* Last Friday, Hovnanian Enterprises said it priced a follow-on offering of 14 million shares of its common stock at $9.50 per share. Hovnanian also said late Thursday that it gave the underwriters a 30-day option to buy up to an additional 2.1 million shares to cover any over-allotments. If the offering is successful, and the over-allotment option is exercised, the company could raise almost $153 million. Shares of HOV lost 25 cents or 2.78% to $8.75 on Tuesday.

Canadian Solar, Inc., (NASDAQ:CSIQ) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules to general specifications for use in various residential, commercial, and industrial solar power generation systems.

* China's Canadian Solar posted a first-quarter profit on Tuesday that topped Wall Street estimates, helped by higher market demand, strong pricing and effective foreign exchange exposure management, and forecast second-quarter revenue above the market view. Shares of the company soared more than 28% to an all-time high of $43.82 in midday trade, making them one of the top percentage gainers on Nasdaq. Shares of CSIQ rocketed $6.68 or 19.59% to $40.78.

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.

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