LocateStock.com Daily High Five For Friday May 30, 2008

Jersey City, NJ – May 30, 2008

The LocateStock.com HIGH FIVE for Friday, May 30^th are:

5 – SunPower Corporation – NASDAQ:SPWR

4 – China Finance Online – NASDAQ:JRJC

3 – JetBlue Airways Corporation – NASDAQ:JBLU

2 – ReneSola – NYSE:SOL

1 – EMCORE Corporation – NASDAQ:EMKR

SunPower Corporation (NASDAQ:SPWR) engages in the design, development, manufacture, and marketing of solar electric power products primarily in the United States, Germany, and Asia. It offers solar cells, solar panels, and inverters, which convert sunlight to electricity compatible with the utility network for residential and commercial applications.

* On Thursday SunPower announced the completion of two solar-electric power plants in Spain totaling 8.7 megawatts. The San Jose-based company said the two plants, located in Llerena and Lebrija, were developed by Solarpack, a Spanish company specializing in renewable energy development, investment, consulting and services. Shares of SPWR lost $7.00 or 8.43% to $76.00 on Thursday.

China Finance Online Co. Limited, (NASDAQ:JRJC) through its subsidiaries, engages in selling online financial services analyzing financial and listed company information in the People's Republic of China. It offers subscription-based services based on a single information platform that integrates data and information from various sources with features and functions, such as data and information search, retrieval, delivery, storage, and analysis.

* On Thursday China Finance Online said its first-quarter net income rose to $3.51 million, or 15 cents per American Depository Share, from $775,000, or 4 cents per ADS, in the year-earlier period. On an adjusted basis the company posted a first-quarter profit of $5.88 million, or 26 cents per ADS, versus $1.17 million, or 6 cents per ADS, the prior-year quarter. Shares of JRJC lost $1.39 or 5.53% to $23.76 on Thursday.

JetBlue Airways Corporation (NASDAQ:JBLU) provides passenger air transportation services in the United States. As of December 31, 2007, it operated approximately 550 daily flights serving 53 destinations in 21 states, Puerto Rico, Mexico, and the Caribbean with a focus on Boston, Fort Lauderdale, Long Beach, New York, or Washington, D.C.; and a fleet of 104 Airbus A320 aircraft and 30 EMBRAER 190 aircraft.

* JetBlue pulled back to a new low on Wednesday after announcing plans to delay a planned expansion of its fleet and deferring delivery of 21 A320 aircraft from the Airbus unit of European Aeronautic Defense and Space. The stock also hit new lows on Thursday at $3.98 after hitting a one-year high of $11.99 in July. JBLU shares continued to trade lower yesterday, hurt by rising oil futures. Shares of JBLU ended the session up 4 cents or .97% to $4.15 on the NASDAQ.

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.

* On May 15, ReneSola signed a six-year 525 megawatt wafer supply agreement with Gintech Energy and Canadian Solar recently began supplementing its long-term wafer supply agreements with internal solar wafer and cell production. Shares of SOL fell $3.00 or 11.34% to $23.45 on Thursday.

 

EMCORE Corporation (NASDAQ:EMKR) provides compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and terrestrial solar power markets. The company's Fiber Optics segment offers optical components, subsystems, and systems that enable the transmission of video, voice, and data over fiber optic cables for high-speed data and telecommunications, cable television, and fiber-to-the-premises networks.

* Shares of EMCORE rose 12 cents or 1.56% to $7.82 Thursday but are down 22.6% since their March 14^th debut on the HIGH FIVE.

 

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