LocateStock.com Daily High Five For Thursday May 29, 2008

Jersey City, NJ – May 29, 2008

The LocateStock.com HIGH FIVE for Thursday, May 29^th are:

                       

5 – Solarfun Power Holdings – NASDAQ:SOLF

4 – Excel Maritime – NYSE:EXM

3 – DryShips – NASDAQ:DRYS

2 – Canadian Solar – NASDAQ:CSIQ

1 – BlackRock Corporate High Yield Fund – NYSE:COY

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.

* Shares of Solarfun Power Holdings fell last 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 downgrade was just one day after the solar company reported first-quarter per-share earnings that were double analysts' expectations. The stock ended Wednesday down 63 cents or 2.79% to $21.88.

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.

* Indie Research reported Wednesday that dry bulk shipping stocks have rebounded over the last couple of months driven by still robust demand for raw materials from emerging economies like China. Excel Maritime did a bit of their own catapulting on Wednesday to gain $2.92 or 5.88% to $52.54 on the NYSE.

 

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.

 

* Indie Research reported Wednesday that dry bulk shipping stocks have rebounded over the last couple of months driven by still robust demand for raw materials from emerging economies like China. DryShips was another drybulk shipping stock that catapulted on Wednesday. DRYS shot up $8.36 or 9.61% to $95.39 on Wednesday.

 

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.

* Canadian Solar announced Wednesday the commencement of an offer to holders of

 

CSI's 6.0% Convertible Senior Notes due 2017 to convert their notes into CSI's common shares at an increased conversion rate. The conversion offer is intended to reduce CSI's ongoing fixed interest obligations, and to improve the trading liquidity of its common shares by increasing the number of outstanding shares of common shares available for trading. Shares of CSIQ added $2.01 or 5.16% to $41.00 on Wednesday.

 

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.

 

* COY finished in the #1 spot again on Wednesday after losing 5 cents or .68% to $7.31 on no news.

 

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