Wednesday, June 18, 2008
LocateStock.com Daily High Five For Wednesday June 18, 2008

Jersey City, NJJune 18, 2008

The LocateStock.com HIGH FIVE for Wednesday, June 18th are:


5 – ReneSola – NYSE:SOL

4 – VirnetX Holding Corp. – AMEX:VHC

3 – Excel Maritime – NYSE:EXM

2 – Canadian Solar – NASDAQ:CSIQ

1 – Lehman Brothers – NYSE:LEH

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.

* ReneSola shares have been soaring with other solar companies as crude oil rebounded to trade above $134 a barrel after declining in pre-market trading. SOL hit a low of $20.34 and a high of $21.89 on Tuesday and its stock hit its 52 week high of $29.48 in May and set its 52 week low of $7.36 in March. SOL had a big plunge in February, but has been stronger since then. SOL gained 77 cents or 3.85% to $20.77 on Tuesday.

VirnetX Holding Corporation, (AMEX:VHC) a development-stage company, focuses on developing solutions for real-time communications, such as instant messaging and voice over Internet protocol (VoIP) in the United States. The company is developing 'single-click' and 'zero-click' security solutions for real-time communications; and 'end-to-end' security for VoIP, video conferencing, and other types of peer-to-peer collaboration.

* On Monday, VirnetX said that on June 3, 2008, the court denied the Motion to Dismiss filed by Microsoft in connection with VirnetX's lawsuit against Microsoft. The suit alleges patent infringement by Redmond, WA-based Microsoft Corporation, and seeks damages, injunctive relief and costs. Shares of VirnetX lost 54 cents or 9.51% to $5.14 on Tuesday after rallying more than 35% a day earlier.

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's senior management recently participated with 14 other companies in Capital Link's "Analyst and Investor Day" organized recently in Athens with the occasion of Posidonia. Shares of EXM rocketed $4.34 or 11.10% to $43.44 on Tuesday.

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.

* Shares of Canadian Solar rose 10.69% after the maker of photovoltaic cells and modules lifted its 2008 revenue forecast, citing stronger sales to German customers. The company, which also announced increased capital expenditure plans, said it expects sales this year of $750 million to $870 million, up from a previous forecast of $650 million to $750 million. Shares of CSIQ rocketed on the news to gain $4.54 to $47.00.

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.

* Shares of Lehman Brothers found themselves back in the red on Tuesday after reassuring the market on Monday that its liquidity and reserves were adequate, despite the investment bank's $2.8 billion second-quarter loss. Shares of LEH finished Tuesday down $2.06 or 7.57% to $25.14.

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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