5 – ReneSola – NYSE:SOL
4 – Canadian Solar – NASDAQ:CSIQ
3 – Solarfun Power Holdings – NASDAQ:SOLF
2 – Pyramid Oil – AMEX:PDO
1 – Fieldpoint Petroleum – AMEX:FPP
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
* On Thursday TheStreet.com says that while ReneSola has only been trading for a few months, the uptrend has established itself on increasing volume. They say that even though the stock rallied about 40% in May, SOL is due for a rest. Shares of SOL fell $2.61 or 10.24% to $22.89 on Thursday.
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.
* Motley Fool reported data on Thursday that showed striking similarities in profit reports between Canadian Solar and the earnings of newly released Solarfun Power Holdings. Shares of CSIQ fell $5.89 or 13.45% to $37.90 on Thursday.
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
* Shares of Solarfun Power Holdings fell sharply at market open on Thursday after a Goldman analyst downgraded the China-based solar cell maker to "Sell," saying the stock is overpriced after a recent surge in value. The stock plunged $5.85 or 22.08% to $20.65 erasing most of the stock's gains from the past several days. Just one day earlier the solar company said it swung to a first-quarter profit.
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
* Pyramid Oil was listed as among the biggest percentage gainers all week after accumulating 60% market shares, but on Thursday the tables turned on Pyramid. The stock was among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $750 million. Shares of PDO fell $7.70 or 28.41% to $19.40 after being up 60% earlier this week.
Fieldpoint Petroleum Corporation (AMEX:FPP) engages in the acquisition, operation, and development of oil and natural gas properties in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. It holds interests in North Bilbrey field located outside of Hobbs, New Mexico; Longwood field located north of Greenwood, Louisiana; Lusk field located outside of Hobbs, New Mexico; Loving North Morrow field located two miles west of Loving, New Mexico and 12 miles south east of Carlsbad, New Mexico; and Chickasha field located approximately 65 miles southwest of Oklahoma city, Oklahoma.
* Fieldpoint Petroleum was among the biggest percentage gainers in Wednesday's trading but fell more than 20% Thursday despite no news but likely fueled by easing crude oil prices. Shares of FPP fell $1.53 or 21.16% to $5.70 after rocketing 23% the day before.
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.
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SOURCE: Locate Stock, LLC
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