LocateStock.com Daily High Five For Monday August 18, 2008

Jersey City, NJ – August 18, 2008

The LocateStock.com HIGH FIVE for Monday, August  18th are:

                       
5 – General Motors – NYSE:GM

4 – Lehman Brothers – NYSE:LEH

3 – CAM Commerce Solutions – NASDAQ:CADA

2 – SunPower Corporation – NASDAQ:SPWR

1 – Ambak – NYSE:ABK

 

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.

 

* General Motors said Friday it will announce a multimillion-dollar investment next week in its Lordstown, Ohio plant and also unveil the first photos of the Chevy Cruze, its next step at competing in the red-hot small-car segment. Also, over the weekend, GM pulled out of its longtime sponsorship of the Academy Awards, one of the biggest annual events on broadcast television. Shares of GM lost 17 cents or 1.50% to $11.18 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.

* On Friday it was reported that Lehman Brothers is in talks with potential buyers over the sale of its $40bn portfolio of commercial real estate assets and securities in an effort to replenish its balance sheet. Shares of LEH finished flat, falling 3 cents or .19% to $16.17.

CAM Commerce Solutions, Inc. (NASDAQ:CADA) provides commerce solutions for small to medium size, traditional retailers and Web retailers. The Company offers retailing systems consisting of software, hardware, installation, training, technical support services and Web hosting services.

* CAM Commerce Solutions disclosed last Thursday that the company's acquisition by an affiliate of private equity investment firm Great Hill Partners LLC (GHP) has been completed. Stockholders of CAM Commerce representing 3,058,046 shares have adopted the Agreement and Plan of Merger that was agreed between CAM Commerce and two affiliates of GHP: Vegas Holding Corp and Vegas Merger Sub Inc. Shares of CADA finished flat, at $40.47, on their last day of trading Friday.

SunPower Corporation (NASDAQ:SPWR) engages in the design, development, manufacture, and marketing of solar electric power products primarily in the United States, Germany, and Asia. It offers solar cells, solar panels, and inverters, which convert sunlight to electricity compatible with the utility network for residential and commercial applications.

* Shares of SunPower soared more than 20% Friday, a day after the solar-panel maker announced a joint power project with Pacific Gas and Electric. Shares of the company rose $13.95 or 17.75% to $92.52 on the news.

Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.

* Shares of Ambac rallied on Friday as Standard & Poor's lifted its negative credit watch designation. While it kept its negative outlook for the company, S&P's move means it now only sees a one-in-three chance the stock will be downgraded, vs. a 50% chance previously. Investors grabbed onto the positive turn and pushed the stock up $1.12 or 24.56% to $5.68.

 

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