Jersey City, NJ – July 16, 2008

The LocateStock.com HIGH FIVE for Wednesday, July 16^th are:

5 – General Motors – NYSE:GM

4 – Lehman Brothers – NYSE:LEH

3 – Washington Mutual – NYSE:WM

2 – Freddie Mac – NYSE:FRE

1 – Fannie Mae – NYSE:FNM

General Motors Corporation (NYSE:GM) and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide. It offers small, midsize, sports, and luxury cars; and pickup, van, utilities, and medium duty trucks.

* GM listed a slew of measures on Tuesday aimed at cutting costs and raising capital by $15 billion. The measures lifted the stock up 4.9% to lead Dow components. GM shares rose 46 cents to $9.84 on the news.

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.

* Credit Suisse Group said Tuesday it has hired Erin Callan, Lehman Brothers' former chief financial officer, to run the Swiss bank's global hedge fund business. Last month Callan was ousted from her job as Lehman's CFO after the company reported an unexpected loss of nearly $3 billion. Chief Executive Richard Fuld said at the time that Callan would remain with the company as an executive in its investment bank. Lehman shares fell 82 cents or 6.61% to $13.22 on Tuesday.

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

* On Tuesday it was reported that Washington Mutual will lay off more employees in September. The layoff was announced to employees in the company's home base of Seattle at a conference call on Friday. However, the Seattle thrift declined to confirm that it plans to lay off more workers. A day earlier WaMu's stock crashed to a new low of $3.03. Shares of WM redeemed themselves a bit on Tuesday, rising 38 cents or 11.76% to $3.61.

Freddie Mac (NYSE:FRE) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations.

* Christopher Cox, chairman of the Securities and Exchange Commission told Congress on Tuesday that the SEC will use emergency powers to limit "short selling" of stock in mortgage giants Freddie Mac and Fannie Mae. Shares of FRE plunged an additional $1.85 or 26.02% after falling more than 8% on Monday.

Fannie Mae (NYSE:FNM) provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States. It operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

* Christopher Cox, chairman of the Securities and Exchange Commission told Congress on Tuesday that the SEC will use emergency powers to limit "short selling" of stock in mortgage giants Freddie Mac and Fannie Mae. Shares of FNM plunged $2.66 or 27.34% to $7.07 after falling more than 5% on Monday.

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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