LocateStock.com Daily High Five For Friday May 16, 2008

Jersey City, NJ – May 16, 2008

The LocateStock.com HIGH FIVE for Friday, May 16^th are:

5 – Lehman Brothers – NYSE:LEH

4 – Yingli Green Energy – NYSE:YGE

3 – ReneSola – NYSE:SOL

2 – DryShips – NASDAQ:DRYS

1 – IndyMac Bancorp – NYSE:IMB

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.

* Shares of investment banks were mostly up Thursday, trading in a narrow range as Federal Reserve Board Chairman Ben Bernanke spoke at the central bank's conference in Chicago. Bernanke said he was "encouraged" by banks recent efforts to raise cash to help relieve the ongoing credit crisis, but also said financial institutions need to improve their ability to detect and protect themselves against risks. Shares of LEH paired the week's losses to gain $2.54 or 6.01% to $44.77 on Thursday.

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.

* Yingli Green posted a first-quarter profit as the company ramped up sales of its clean electricity products, but its stock gave back some of its recent gains. The Chinese company said on Thursday its net income rose to $31.9 million, or 25 cents per American depositary share, versus a loss of $3.2 million, or 5 cents per ADS, a year ago. Revenue jumped 272% to $227.5 million in the quarter. Shares of YGE lost $1.88 or 6.91% to $25.31 on Thursday.

ReneSola, Ltd., (NYSE:SOL) through its subsidiaries, engages in the manufacture and sale of solar wafers and related products in the People's Republic of China. It offers feedstock, ingots, and wafers for the solar industry. The company sells solar wafers to Chinese and international PV cell manufacturers.

* Shares of Chinese solar wafer maker ReneSola surged again on Thursday after it said its first-quarter profit nearly tripled, boosted by increased production. For the quarter that ended March 31, ReneSola said earnings doubled from the year-ago period to 28 cents per share, nearly 22% over the average estimate of analysts polled by Thomson Reuters. Sales more than tripled to $123 million, 17% over views. Shares of SOL rose an additional $3.91 or 17.53% to $26.21 after rising 3% on the news 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.

* Investors flocked to the drybulk sector Thursday, as a key shipping index set an all-time high amid increasing activity for the vessels that carry commodities including iron ore, coal and grain. The Baltic Dry Index soared 418 points Thursday to close at 11,067 -- its highest point since mid-November of 2007. The increase marks the biggest leap ever for the index. Shares of DRYS gained $7.46 or 7.53% to $106.50 and is up 16% on-the-week.

IndyMac Bancorp, Inc. (NYSE:IMB) operates as the holding company for IndyMac Bank, F.S.B., a thrift/mortgage bank, which provides mortgage products and services in the United States. The company operates in two segments, Mortgage Banking and Thrift.

* Early this week, mortgage lender IndyMac Bancorp said it would defer interest payments on its trust preferred securities -- securities which Alesco Financial owns. Based on its holdings of IndyMac securities, Alesco would typically receive about $1.5 million, or 2 cents per share, per quarter. But Alesco said Thursday that its investments in IndyMac securities should not affect its ability to pay dividends through the rest of the year. Alesco currently pays a dividend totaling $1 annually. Shares of IMB lost 2 cents or 1% to $1.99 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.

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SOURCE:        Locate Stock, LLC