Tuesday, May 20, 2008
LocateStock.com Daily High Five For Tuesday May 20, 2008

Jersey City, NJ – May 20, 2008

The LocateStock.com HIGH FIVE for Tuesday, May 20th are:

5 – Pyramid Oil – AMEX:PDO

4 – BlackRock Corporate High Yield Fund – NYSE:COY

3 – Excel Maritime Carriers – NYSE:EXM

2 – Solarfun Power Holdings – NASDAQ:SOLF

1 – DryShips – NASDAQ:DRYS

Pyramid Oil Company (AMEX:PDO) engages in the exploration, development, and production of crude oil and natural gas. It holds oil and gas property interests primarily in California, as well as in New York, Wyoming, and Texas. The company sells oil and gas primarily to crude oil purchasers, refineries, or pipeline companies.

* On Monday, Pyramid Oil was among the biggest percentage gainers in trading among companies with market capitalizations under $750 million, however the stock shot up on news. Shares of PDO rocketed $2.56 or 16.26% to $18.30 on Monday.

BlackRock Corporate High Yield Fund, Inc. (NYSE:COY) operates as a diversified, closed-end management investment company. It invests primarily in corporate bonds, preferred stocks, and short-term securities.

* BlackRock announced last Thursday that quarter-end portfolio data for its closed-end funds, as of March 31, 2008, is now available. The information is available on BlackRock's website at www.blackrock.com. Shares of COY lost 1 cent or .13% to $7.40 on Monday.

Excel Maritime Carriers, Ltd. (NYSE:EXM) engages in the ownership and operation of dry bulk carriers, and in the provision of seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, bauxite, fertilizers, and steel products worldwide. As of June 26, 2007, the company's fleet consisted of 16 vessels comprising 10 Panamax and 6 Handymax vessels with a total carrying capacity of 965,249 deadweight tonnage.

* Shares of Greek drybulk shipper Excel Maritime rose Monday, after it reported first-quarter earnings that tripled from a year-ago and topped Wall Street's expectations. The company earned $38.5 million, or $1.93 per share, compared with $12.3 million, or 61 cents per share, in the year-ago quarter. Revenue leaped to $69.8 million from $36 million a year earlier. Shares of EXM lost $4.01 or 6.95% to $53.71 on the news.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Solar company Solarfun Power Holdings skyrocketed 54% last week while proving to be among the most-searched stocks on TheStreet.com. On Monday, the stock continued its rise to gain $2.34 or 10.25% to $25.18.

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.

* After the close on Monday, DryShips said it more than doubled its first-quarter net income, beating market expectations, helped by higher freight rates and an enlarged fleet. For the first quarter, the shipping company earned $176.3 million, or $4.61 a share, compared with $67.8 million, or $1.91 million, a year earlier. Despite the upbeat earnings, the shipper had a lousy day as its stock began the week in the red after gaining 20% last week. DRYS lost $5.74 or 5.18% to $105.00 on Monday.

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. LocateStock TV is 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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