Friday, June 27, 2008
LocateStock.com Daily High Five For Friday June 27, 2008

Jersey City, NJJune 27, 2008

The LocateStock.com HIGH FIVE for Friday, June 27th are:


5 – Pyramid Oil – AMEX:PDO

4 – DryShips – NASDAQ:DRYS

3 – Lehman Brothers – NYSE:LEH

2 – Royale Energy – NASDAQ:ROYL

1 – VirnetX Holding Corp. – AMEX:VHC

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 California, as well as in New York, Wyoming, and Texas. The company sells oil and gas primarily to crude oil purchasers, refineries, or pipeline companies.

* Pyramid Oil plunged more than 18% on Wednesday, virtually eliminating the gains it made in Tuesday's trading. The oil and natural gas producer dropped as the price of crude oil fell and a government report announced U.S. oil inventories rose for the first time in more than a month. Shares of PDO lost an additional 84 cents or 2.40% to $34.10 on Thursday.

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.

* DryShips gained an additional 89 cents or 1.09% to $82.86 on Thursday after rocketing 7% the day before.

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 investment banks fell Thursday after a Goldman Sachs analyst cut his view on the sector and the broader market tumbled on surging oil prices and warnings of trouble in the automotive and high-tech industries. Lehman fell with the banks, losing $2.08 or 8.42% to $22.61 on Thursday.

Royale Energy, Inc. (NASDAQ:ROYL) operates as an independent oil and natural gas producer in the United States. The company engages in the production and sale of oil and natural gas; acquisition of oil and gas lease interests and proved reserves; drilling of exploratory and development wells; and sale of working interests in wells to be drilled.

* In a press release on Thursday, Royale said it applied for a permit to drill a well at its natural gas property in Utah's Uinta Basin. The company also said it plans to drill an additional penetration at its property in the Monterey oil shale in the gas-prolific San Joaquin Basin of California. Shares of ROYL rocketed 17% earlier in the week and gained an additional 75 cents or 6.25% to $12.75 on Thursday. The stock is up more than 31% in one week.

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.

* VirnetX said Wednesday that it will be included in the Russell Microcap Index when Russell Investments reconstitutes its family of U.S. indexes on June 27. Shares of VHC finished flat on Thursday to close at $4.08. The stock is down nearly 29% since debuting on the HIGH FIVE last week.

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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