LocateStock.com Daily High Five For Thursday June 12, 2008

Jersey City, NJ – June 12, 2008

The LocateStock.com HIGH FIVE for Thursday, June 12^th are:

                       
5 – Diana Shipping – NYSE:DSX

4 – Excel Maritime Carriers – NYSE:EXM

3 – American Superconductor Corporation – NASDAQ:AMSC

2 – Boardwalk Pipeline Partners – NYSE:BWP

1 – Lehman Brothers – NYSE:LEH

Diana Shipping, Inc., (NYSE:DSX) through its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Its fleet consists of dry bulk carriers that transport iron ore, coal, grain, and other dry cargoes along worldwide shipping routes.

* Shares of Diana Shipping dropped 5.27% on surging oil prices Wednesday. The stock gave up $1.68 to $30.17.

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.

* Excel Maritime announced Wednesday that its Annual Report on Form 20-F for the fiscal year ended December 31, 2007 with the Securities and Exchange Commission, as amended, may be accessed through the Excel Maritime Carriers website www.excelmaritime.com at the investor relations section under Financial Reports. Shares of EXM came off $2.65 or 6.10% to $40.81 on Wednesday.

 

American Superconductor Corporation, (NASDAQ:AMSC) an energy technologies company, together with its subsidiaries, provides an array of solutions based on two proprietary technologies, programmable power electronic converters and high temperature superconductor (HTS) wires. Its products, services, and system-level solutions enable generation, delivery, and use of electric power.

 

* On Wednesday short interest was up more than 22 percent in shares of American Superconductor. The energy technology company posted a narrower-than-expected quarterly loss last month and analysts have been mixed on the company as Raymond James raised its investment rating on the stock, while Jefferies cut its rating, last month. The company said on Tuesday it had received a major Chinese follow-on order worth $450 million. About 12.3 million of the company's shares were held short, or about 29 percent of its total shares outstanding. AMSC rose an additional 81 cents or 1.88% to $43.92 on Wednesday after rocketing almost 20% the day before.

Boardwalk Pipeline Partners, LP, (NYSE:BWP) through its subsidiaries, engages in the interstate transportation and storage of natural gas in the United States. The company owns and operates 2 natural gas pipeline systems to transport and store natural gas for local distribution companies, municipalities, interstate and intrastate pipelines, direct industrial users, electric power generation plants, marketers, and producers.

* Boardwalk Pipeline Partners said on Tuesday that it priced an offering of 10 million common units at a price of $25.30 per unit. Boardwalk will receive net proceeds of about $248.5 million from the offering. It plans to use the proceeds to fund the cost of expansion projects. Underwriters have the option to purchase up to 1.5 million additional common units. The offering is expected to close Monday. On Wednesday, shares of BWP traded down 30 cents or 1.19% to $25.00.

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.

* Lehman Brothers continued its slide for a third day this week after Merrill Lynch downgraded its rating on Lehman to "neutral" from "buy" on Wednesday just one day after affirming the buy rating and one week after upgrading the stock. This week Lehman said they would need to writedown a near $3 billion in the second quarter. The stock fell an additional $3.75 or 13.64% to $23.75, bringing the stock down 30% this week on top of last week's 12.3% loss.

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