Jersey City, NJ – February 19, 2008
The LocateStock.com HIGH FIVE for Tuesday, February 19th are:
5 – DryShips – NASDAQ:DRYS
4 – Yinlgi Green Energy – NYSE:YGE
3 – Gol Linhas Areas Inteligentes S.A. – NYSE:GOL
2 – Chipotle Mexican Grill – NYSE:CMG
1 – E*TRADE Financial – NASDAQ:ETFC
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.
* Drybulk shipper DryShips fell Friday after reporting its fourth-quarter earnings soared more than fivefold. On Thursday after market close DryShips reported Q4 (Dec) earnings of $4.50 per share, excluding non-recurring items, $0.43 better than the First Call consensus of $4.07; revenues rose 195.1% year/year to $233.4 mln vs the $208.8 mln consensus. Shares of DRYS lost $3.52 or 4.18% to $80.73 on Friday.
Yingli Green Energy Holding Company Limited, (NYSE:YGE) through its subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd., engages in the design, development, marketing, manufacturing, and installation and sale of photovoltaic products in the People's Republic of China and internationally. Its products include polysilicon ingots and wafers, photovoltaic cells and modules, and integrated photovoltaic systems.
* Chinese solar-cell maker Yingli Green Energy Holding said Friday its fourth-quarter earnings soared from a year earlier, as rising European sales offset impacts from higher expenses and a loss on foreign currency exchange. The company, which had its initial public offering in June, earned $19 million, or 15 cents per share in the fourth quarter of 2007. Shares slipped $3.23 or 12.98% to $21.65.
Gol Linhas Areas Inteligentes S.A. (NYSE:GOL) operates as an airline company in South America and Brazil. It also offers air cargo services and operates an installment payment mechanism.
* Brazilian airline, Gol, reported on Friday a fourth-quarter net profit of 76.96 million reais ($44 million), down 60 percent from the 193.39 million reais in the same period of 2006. Shares of GOL lost air Friday, coming off 82 cents or 4.24% to $18.53 on the NYSE.
Chipotle Mexican Grill, Inc. {NYSE:CMG) engages in the development and operation of fast-casual, Mexican food restaurants in the United States. As of December 31, 2006, it operated 581 restaurants, including 8 franchise restaurants. The company was founded in 1993 and is based in Denver, Colorado.
* After the close last Thursday, shares of Chipotle Mexican Grill lost 13.5% even though fourth-quarter earnings leapt 61.8% year over year to $17.6 million, or 53 cents a share. Analysts were seeking 2 cents more per share. On Friday, CMG's target price was cut at Deutsche Bank to $105 from $110 and upgraded at Baird from neutral to outperform with a $140 price target citing post-earnings weakness as a buying opportunity. CMG lost an additional $3.40 or 3.13% to $105.25 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.
* According to data released by E*Trade last Wednesday, daily average revenue trades rose nearly 22% in January, while total retail client assets fell more than 12%. The company, in a statement, said its daily average revenue trades rose to 211,978, up 18.8% from a month earlier and 21.5% from the prior January. ETFC shares gained 11 cents or 2.19% $5.13 on Friday.
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