LocateStock.com Daily High Five For Monday June 30, 2008

Jersey City, NJ – June 30, 2008

The LocateStock.com HIGH FIVE for Monday, June 30^th are:

                       
5 – DineEquity – NYSE:DIN

4 – MoneyGram International – NYSE:MGI

3 – VirnetX Holding Corp. – NYSE:VHC

2 – General Steel– NYSE:GSI

1 – E*TRADE Financial – NASDAQ:ETFC

 

DineEquity, Inc. (NYSE:DIN) develops, franchises, and operates full-service restaurants in the United States and internationally under the Applebee's Neighborhood Grill & Bar (Applebee's) and International House of Pancakes (IHOP) brands. It owns and operates two restaurant concepts in the casual dining and family dining niches, which include Applebee's Neighborhood Grill and Bar or Applebee's; and International House of Pancakes or IHOP.

* DineEquity kicks off the HIGH FIVE on Monday after falling $1.92 or 4.99% to $36.52 last Friday.

MoneyGram International, Inc., (NYSE:MGI) through its subsidiaries, provides payment services. It operates through two segments, Global Funds Transfer and Payment Systems.

* MoneyGram announced last week that as of June 20, 2008, its common stock began actively trading on NYSE Arca, a national securities exchange owned by NYSE Euronext. The Company's ticker symbol (MGI) has not changed and the Company remains listed on the NYSE. Pursuant to the rules of the NYSE, trading in the Company's common stock was transitioned from the NYSE's floor trading system to the NYSE Arca's electronic trading platform, when the Company's common stock began trading below $1.05 per share. Shares of MGI lost 9 cents or 8.91% to 92 cents. The stock is down 81% since the last time it was on the HIGH FIVE in mid-January.

 

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 was included in the Russell Microcap Index last Friday, June 27, 2008. Shares of VHC rose $1.06 or 25.98% to $5.14 on Friday. Despite the rise, the stock is down nearly 10% since debuting on the HIGH FIVE two weeks ago.

General Steel Holdings, Inc. (NYSE:GSI) manufactures hot rolled carbon and silicon steel sheets in the People's Republic of China. Its semi-finished hot-rolled carbon and silicon steel sheets are used in the manufacture of tractors, agricultural vehicles, shipping containers, and in other specialty markets.

* General Steel joined the broad-market Russell 3000 Index at the close of the market on June 27, 2008. Shares of GSI rose 69 cents or 5.17% to $14.03 on Friday.

E*TRADE Financial Corporation, (NASDAQ:ETFC) through its subsidiaries, offers financial solutions to retail and institutional customers worldwide. It provides retail investments and trading, which include automated order placement, and execution of market and limit equity, futures, options, exchange-traded funds, mutual funds, and bond orders, as well as offers quick transfer, wireless account access, extended hours trading, quotes, and research and advanced planning tools.

* E*Trade recently reported that its average daily trading volume rose 4.1% in May from a month before, slightly outperforming its rivals TD Ameritrade and Charles Schwab. Average daily trading volume increased 10% from a year earlier while its retail customer assets were up 3.9% month over month. But its retail customer assets were still down 15.6% over a year before. Shares of ETFC lost 16 cents or 4.91% to $3.10 last Friday.

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