LocateStock.com Daily High Five For Friday May 30, 2008

Jersey City, NJ – May 30, 2008

The LocateStock.com HIGH FIVE for Friday, May 30^th are:

5 – SunPower Corporation – NASDAQ:SPWR

4 – China Finance Online – NASDAQ:JRJC

3 – JetBlue Airways Corporation – NASDAQ:JBLU

2 – ReneSola – NYSE:SOL

1 – EMCORE Corporation – NASDAQ:EMKR

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.

* On Thursday SunPower announced the completion of two solar-electric power plants in Spain totaling 8.7 megawatts. The San Jose-based company said the two plants, located in Llerena and Lebrija, were developed by Solarpack, a Spanish company specializing in renewable energy development, investment, consulting and services. Shares of SPWR lost $7.00 or 8.43% to $76.00 on Thursday.

China Finance Online Co. Limited, (NASDAQ:JRJC) through its subsidiaries, engages in selling online financial services analyzing financial and listed company information in the People's Republic of China. It offers subscription-based services based on a single information platform that integrates data and information from various sources with features and functions, such as data and information search, retrieval, delivery, storage, and analysis.

* On Thursday China Finance Online said its first-quarter net income rose to $3.51 million, or 15 cents per American Depository Share, from $775,000, or 4 cents per ADS, in the year-earlier period. On an adjusted basis the company posted a first-quarter profit of $5.88 million, or 26 cents per ADS, versus $1.17 million, or 6 cents per ADS, the prior-year quarter. Shares of JRJC lost $1.39 or 5.53% to $23.76 on Thursday.

JetBlue Airways Corporation (NASDAQ:JBLU) provides passenger air transportation services in the United States. As of December 31, 2007, it operated approximately 550 daily flights serving 53 destinations in 21 states, Puerto Rico, Mexico, and the Caribbean with a focus on Boston, Fort Lauderdale, Long Beach, New York, or Washington, D.C.; and a fleet of 104 Airbus A320 aircraft and 30 EMBRAER 190 aircraft.

* JetBlue pulled back to a new low on Wednesday after announcing plans to delay a planned expansion of its fleet and deferring delivery of 21 A320 aircraft from the Airbus unit of European Aeronautic Defense and Space. The stock also hit new lows on Thursday at $3.98 after hitting a one-year high of $11.99 in July. JBLU shares continued to trade lower yesterday, hurt by rising oil futures. Shares of JBLU ended the session up 4 cents or .97% to $4.15 on the NASDAQ.

ReneSola, Ltd., (NYSE:SOL) through its subsidiaries, engages in the manufacture and sale of solar wafers and related products in the People's Republic of China. It offers feedstock, ingots, and wafers for the solar industry. The company sells solar wafers to Chinese and international PV cell manufacturers.

* On May 15, ReneSola signed a six-year 525 megawatt wafer supply agreement with Gintech Energy and Canadian Solar recently began supplementing its long-term wafer supply agreements with internal solar wafer and cell production. Shares of SOL fell $3.00 or 11.34% to $23.45 on Thursday.

 

EMCORE Corporation (NASDAQ:EMKR) provides compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and terrestrial solar power markets. The company's Fiber Optics segment offers optical components, subsystems, and systems that enable the transmission of video, voice, and data over fiber optic cables for high-speed data and telecommunications, cable television, and fiber-to-the-premises networks.

* Shares of EMCORE rose 12 cents or 1.56% to $7.82 Thursday but are down 22.6% since their March 14^th debut on the HIGH FIVE.

 

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

LocateStock.com Daily High Five For Thursday May 29, 2008

Jersey City, NJ – May 29, 2008

The LocateStock.com HIGH FIVE for Thursday, May 29^th are:

                       

5 – Solarfun Power Holdings – NASDAQ:SOLF

4 – Excel Maritime – NYSE:EXM

3 – DryShips – NASDAQ:DRYS

2 – Canadian Solar – NASDAQ:CSIQ

1 – BlackRock Corporate High Yield Fund – NYSE:COY

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Shares of Solarfun Power Holdings fell last Thursday after a Goldman analyst downgraded the China-based solar cell maker to "Sell," saying the stock is overpriced after a recent surge in value. The downgrade was just one day after the solar company reported first-quarter per-share earnings that were double analysts' expectations. The stock ended Wednesday down 63 cents or 2.79% to $21.88.

Excel Maritime Carriers, Ltd. (NYSE:EXM) engages in the ownership and operation of dry bulk carriers, and in the provision of seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, bauxite, fertilizers, and steel products worldwide. As of June 26, 2007, the company's fleet consisted of 16 vessels comprising 10 Panamax and 6 Handymax vessels with a total carrying capacity of 965,249 deadweight tonnage.

* Indie Research reported Wednesday that dry bulk shipping stocks have rebounded over the last couple of months driven by still robust demand for raw materials from emerging economies like China. Excel Maritime did a bit of their own catapulting on Wednesday to gain $2.92 or 5.88% to $52.54 on the NYSE.

 

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.

 

* Indie Research reported Wednesday that dry bulk shipping stocks have rebounded over the last couple of months driven by still robust demand for raw materials from emerging economies like China. DryShips was another drybulk shipping stock that catapulted on Wednesday. DRYS shot up $8.36 or 9.61% to $95.39 on Wednesday.

 

Canadian Solar, Inc., (NASDAQ:CSIQ) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules to general specifications for use in various residential, commercial, and industrial solar power generation systems.

* Canadian Solar announced Wednesday the commencement of an offer to holders of

 

CSI's 6.0% Convertible Senior Notes due 2017 to convert their notes into CSI's common shares at an increased conversion rate. The conversion offer is intended to reduce CSI's ongoing fixed interest obligations, and to improve the trading liquidity of its common shares by increasing the number of outstanding shares of common shares available for trading. Shares of CSIQ added $2.01 or 5.16% to $41.00 on Wednesday.

 

BlackRock Corporate High Yield Fund, Inc. (NYSE:COY) operates as a diversified, closed-end management investment company. It invests primarily in corporate bonds, preferred stocks, and short-term securities.

 

* COY finished in the #1 spot again on Wednesday after losing 5 cents or .68% to $7.31 on no news.

 

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

 

 

 

 

LocateStock.com Daily High Five For Wednesday May 28, 2008

Jersey City, NJ – May 28, 2008

The LocateStock.com HIGH FIVE for Wednesday, May 28^th are:

5 – Flotek Industries – NYSE:FTK

4 – Solarfun Power Holdings – NASDAQ:SOLF

3 – Doral Financial – NYSE:DRL

2 – IHOP – NYSE:IHP

1 – BlackRock Corporate High Yield Fund – NYSE:COY

Flotek Industries, Inc. (NYSE:FTK) supplies drilling and production related products and services to the energy and mining industries in the United States and internationally. It operates in three segments: Chemicals and Logistics, Drilling Products, and Artificial Lift.

* Oilfield services company Flotek Industries said Tuesday it cut its full-year 2008 guidance below analyst estimates on higher costs and delays in the delivery of parts. Flotek said it cut its earnings per share outlook to a range of $1.12 to $1.22 from its earlier guidance of $1.50 to $1.60. Analysts polled by Thomson Financial expect, on average, earnings per share of $1.24 for the full year. Shares of FTK were down $1.91 or 9.96% to $17.26.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Shares of Solarfun Power Holdings fell 22% last Thursday after a Goldman analyst downgraded the China-based solar cell maker to "Sell," saying the stock is overpriced after a recent surge in value. The downgrade was just one day after the solar company reported first-quarter per-share earnings that were double analysts' expectations. The stock ended Tuesday flat to lose 7 cents or .31% to $22.51.

Doral Financial Corporation, (NYSE:DRL) through its subsidiaries, provides a range of financial services primarily in Puerto Rico and New York. The company operates through four segments: Mortgage Banking, Banking, Insurance Agency, and Institutional Securities.

* An analyst on Thursday reiterated his "Sell" rating on Doral Financial, a Puerto Rican financial services firm. Sterne Agee analyst Adam Barkstrom wrote in a research note that more than half of Doral Financial's book value consists of deferred tax assets and its common equity is overvalued. Shares of DRL fell 69 cents or 3.58% to $18.56 on the news.

IHOP Corp. (NYSE:IHP) and its subsidiaries develop, franchise, and operate International House of Pancakes (IHOP) restaurants in the United States and Canada. Its family restaurants feature table service, and food and beverage items.

* An SEC filing last Wednesday said that a sale-leaseback deal for Applebee's restaurant properties will net parent IHOP much less than it had been hoping for. Shares of IHP traded flat on Tuesday to gain 17 cents or .36% to $47.88.

BlackRock Corporate High Yield Fund, Inc. (NYSE:COY) operates as a diversified, closed-end management investment company. It invests primarily in corporate bonds, preferred stocks, and short-term securities.

* COY finished in the #1 spot on Tuesday after gaining 3 cents or .41% to $7.36 on no news.

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

LocateStock.com Daily High Five For Tuesday May 27, 2008

Jersey City, NJ – May 27, 2008

The LocateStock.com HIGH FIVE for Tuesday, May 27^th are:

5 – Lehman Brothers – NYSE:LEH

4 – BlackRock Corporate High Yield Fund – NYSE:COY

3 – Solarfun Power Holdings – NASDAQ:SOLF

2 – Fieldpoint Petroleum – AMEX:FPP

1 – Pyramid Oil – AMEX:PDO

 

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.

* Lehman helped contribute to the financial sector's downward move on Friday. The Wall Street Journal reported Friday that David Einhorn, a hedge fund manager that shorts the stock and has much to gain if it trades down, publicly questioned the investment bank's quarterly profits in a speech last Thursday. Lehman fought back by publicly questioning the manager's motives, but the statement was not enough to stem the selling. The stock declined $2.39 or 6.21% to $36.11.

BlackRock Corporate High Yield Fund, Inc. (NYSE:COY) operates as a diversified, closed-end management investment company. It invests primarily in corporate bonds, preferred stocks, and short-term securities.

* COY traded flat last Friday on no news. The stock closed the day where it opened, at $7.33.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Shares of Solarfun Power Holdings fell 22% last Thursday after a Goldman analyst downgraded the China-based solar cell maker to "Sell," saying the stock is overpriced after a recent surge in value. The downgrade was just one day after the solar company reported first-quarter per-share earnings that were double analysts' expectations. The stock managed to gain $1.93 or 9.35% to $22.58 on Friday.

Fieldpoint Petroleum Corporation (AMEX:FPP) engages in the acquisition, operation, and development of oil and natural gas properties in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. It holds interests in North Bilbrey field located outside of Hobbs, New Mexico; Longwood field located north of Greenwood, Louisiana; Lusk field located outside of Hobbs, New Mexico; Loving North Morrow field located two miles west of Loving, New Mexico and 12 miles south east of Carlsbad, New Mexico; and Chickasha field located approximately 65 miles southwest of Oklahoma city, Oklahoma.

* Fieldpoint has benefited from the ongoing increase in oil and gas prices, and as a result, the company's revenue has been steadily increasing over the last year. For the last reported quarter ended March 31, 2008, the company reported $1.5 million in revenue producing nearly $350 thousand in net income. This represents a 67% increase in revenues and 160% increase in net income compared to the same period of 2007. The stock traded flat on Friday to close at $5.70 after falling 21% the day before.

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.

* Shares of PDO gained $2.35 or 12.11% to $21.75 on Friday after falling more than 28% the day before. Last week, Pyramid Oil was frequently listed among the biggest percentage gainers with market capitalizations under $750 million. PDO ended the week up 14.5%.

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

 

 

 

 

LocateStock.com Daily High Five For Friday May 23, 2008

Jersey City, NJ – May 23, 2008

The LocateStock.com HIGH FIVE for Friday, May 23^rd are:

5 – ReneSola – NYSE:SOL

4 – Canadian Solar – NASDAQ:CSIQ

3 – Solarfun Power Holdings – NASDAQ:SOLF

2 – Pyramid Oil – AMEX:PDO

1 – Fieldpoint Petroleum – AMEX:FPP

ReneSola, Ltd., (NYSE:SOL) through its subsidiaries, engages in the manufacture and sale of solar wafers and related products in the People's Republic of China. It offers feedstock, ingots, and wafers for the solar industry. The company sells solar wafers to Chinese and international PV cell manufacturers.

* On Thursday TheStreet.com says that while ReneSola has only been trading for a few months, the uptrend has established itself on increasing volume. They say that even though the stock rallied about 40% in May, SOL is due for a rest. Shares of SOL fell $2.61 or 10.24% to $22.89 on Thursday.

Canadian Solar, Inc., (NASDAQ:CSIQ) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules to general specifications for use in various residential, commercial, and industrial solar power generation systems.

* Motley Fool reported data on Thursday that showed striking similarities in profit reports between Canadian Solar and the earnings of newly released Solarfun Power Holdings. Shares of CSIQ fell $5.89 or 13.45% to $37.90 on Thursday.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Shares of Solarfun Power Holdings fell sharply at market open on Thursday after a Goldman analyst downgraded the China-based solar cell maker to "Sell," saying the stock is overpriced after a recent surge in value. The stock plunged $5.85 or 22.08% to $20.65 erasing most of the stock's gains from the past several days. Just one day earlier the solar company said it swung to a first-quarter profit.

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 was listed as among the biggest percentage gainers all week after accumulating 60% market shares, but on Thursday the tables turned on Pyramid. The stock was among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $750 million. Shares of PDO fell $7.70 or 28.41% to $19.40 after being up 60% earlier this week.

Fieldpoint Petroleum Corporation (AMEX:FPP) engages in the acquisition, operation, and development of oil and natural gas properties in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. It holds interests in North Bilbrey field located outside of Hobbs, New Mexico; Longwood field located north of Greenwood, Louisiana; Lusk field located outside of Hobbs, New Mexico; Loving North Morrow field located two miles west of Loving, New Mexico and 12 miles south east of Carlsbad, New Mexico; and Chickasha field located approximately 65 miles southwest of Oklahoma city, Oklahoma.

* Fieldpoint Petroleum was among the biggest percentage gainers in Wednesday's trading but fell more than 20% Thursday despite no news but likely fueled by easing crude oil prices. Shares of FPP fell $1.53 or 21.16% to $5.70 after rocketing 23% the day before.

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

 

 

 

 

LocateStock.com Daily High Five For Thursday May 22, 2008

Jersey City, NJ – May 22, 2008

The LocateStock.com HIGH FIVE for Thursday, May 22^nd are:

5 – Excel Maritime Carriers – NYSE:EXM

4 – Fieldpoint Petroleum – AMEX:FPP

3 – DryShips – NASDAQ:DRYS

2 – Solarfun Power Holdings – NASDAQ:SOLF

1 – Pyramid Oil – AMEX:PDO

Excel Maritime Carriers, Ltd. (NYSE:EXM) engages in the ownership and operation of dry bulk carriers, and in the provision of seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, bauxite, fertilizers, and steel products worldwide. As of June 26, 2007, the company's fleet consisted of 16 vessels comprising 10 Panamax and 6 Handymax vessels with a total carrying capacity of 965,249 deadweight tonnage.

* For Wednesday, Pete Najarian recommends getting long on Excel Maritime, while Jim Cramer believes that there's still money to be made in the sector. The Greek drybulk shipper rocketed on Monday after it reported first-quarter earnings that tripled from a year-ago and topped Wall Street's expectations. Shares of EXM have traded mixed this week to most recently come off $1.93 or 3.51% to $53.10 on Wednesday.

Fieldpoint Petroleum Corporation (AMEX:FPP) engages in the acquisition, operation, and development of oil and natural gas properties in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. It holds interests in North Bilbrey field located outside of Hobbs, New Mexico; Longwood field located north of Greenwood, Louisiana; Lusk field located outside of Hobbs, New Mexico; Loving North Morrow field located two miles west of Loving, New Mexico and 12 miles south east of Carlsbad, New Mexico; and Chickasha field located approximately 65 miles southwest of Oklahoma city, Oklahoma.

* Fieldpoint Petroleum was among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $750 million. Shares of FPP rocketed $1.33 or 22.93% to $7.13 Wednesday on the AMEX.

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.

* A Jefferies analyst reiterated his "Buy" rating on DryShips on Wednesday, saying shares of the Greece-based bulk shipper are attractively priced after the company posted better-than-expected first-quarter earnings. In Monday's earnings the company said it more than doubled its first-quarter net income and beat market expectations. For the first quarter, the shipping company earned $176.3 million, or $4.61 a share, compared with $67.8 million, or $1.91 million, a year earlier. The shipper has been a popular HIGH FIVE stock, gaining 20% last week only to trade mixed this week. DRYS gained $3.11 or 3.13% to $102.36 and is down 2.5% so far on-the-week.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Solar company Solarfun Power Holdings gained 4.99% Wednesday on news that the solar company swung to a first-quarter profit. Solarfun said its first-quarter earnings rose to $15.3 million, or 32 cents per American Depositary Receipt, on $131.3 million in revenue, as higher selling prices offset higher raw-materials costs. Shares of SOLF traded gained $1.26 to $26.50 on the news, and is up more than 15% so far on-the-week.

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 maintained their run among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $750 million. Shares of PDO rocketed $4.25 or 18.6% to $27.10 after previously adding more than 40% this 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

 

 

 

 

LocateStock.com Daily High Five For Wednesday May 21, 2008

Jersey City, NJ – May 21, 2008

The LocateStock.com HIGH FIVE for Wednesday, May 21^st are:

5 – ReneSola – NYSE:SOL

4 – Pyramid Oil – AMEX:PDO

3 – Excel Maritime Carriers – NYSE:EXM

2 – Solarfun Power Holdings – NASDAQ:SOLF

1 – DryShips – NASDAQ:DRYS

ReneSola, Ltd., (NYSE:SOL) through its subsidiaries, engages in the manufacture and sale of solar wafers and related products in the People's Republic of China. It offers feedstock, ingots, and wafers for the solar industry. The company sells solar wafers to Chinese and international PV cell manufacturers.

* Shares of ReneSola felt a squeeze on Monday falling 72 cents or 2.59% to $27.08. The stock rose 48% in one week on news of a profitable quarter.

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 maintained their run among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $750 million. Shares of PDO rocketed $4.55 and an additional 24.86% to $22.85 after rising more than 16% on Monday.

Excel Maritime Carriers, Ltd. (NYSE:EXM) engages in the ownership and operation of dry bulk carriers, and in the provision of seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, bauxite, fertilizers, and steel products worldwide. As of June 26, 2007, the company's fleet consisted of 16 vessels comprising 10 Panamax and 6 Handymax vessels with a total carrying capacity of 965,249 deadweight tonnage.

* Jim Cramer says that some of the biggest names in dry-bulk shipping have doubled, or come close to it, since the sector's mid-January bottom, and that there's still money to be made in the sector. For instance, shares of the Greek drybulk shipper Excel Maritime rocketed on Monday after it reported first-quarter earnings that tripled from a year-ago and topped Wall Street's expectations. Shares of EXM gained $1.32 or 2.46% to $55.03 after falling 7% on Tuesday.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Solar company Solarfun Power Holdings skyrocketed 54% last week while proving to be among the most-searched stocks on TheStreet.com. Ahead of Wednesday's earnings announcement, shares of SOLF traded flat to gain 6 cents or .24% to $25.24 on Tuesday. The stock rocketed more than 10% on Monday.

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.

* After Monday's close DryShips said it more than doubled its first-quarter net income, beating market expectations, helped by higher freight rates and an enlarged fleet. For the first quarter, the shipping company earned $176.3 million, or $4.61 a share, compared with $67.8 million, or $1.91 million, a year earlier. The shipper has been a popular HIGH FIVE stock, gaining 20% in the last week only to have its momentum slowed this week. DRYS lost more than 5% on Monday and fell an additional $5.75 or 5.48% to $99.25 on Tuesday.

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

Technology Providers LendEX & LocateStock.com Continue To Innovative

Jersey City, NJ -- May 20, 2008

In response to recent calls for more transparency in Capital Markets, LendEX announced today that they have successfully entered the second phase of Beta testing with five additional members.

LendEx is a joint venture between former Securities and Exchange Commission Chairman Harvey Pitt of Kalorama Partners, and the founder and Chief Executive of LocateStock.com, John Tabacco. LendEx, is the newest innovation in Global Securities Lending, providing transparency, efficiency and liquidity to the historically opaque Stock Loan markets. 

LendEx is the first electronic, single-stock, market maker based, securities lending platform for U.S. equities. The platform provides Institutional, Pension, Retirement System, and Plan Sponsors dynamic, transparent, benchmarking tools in a fully electronic, anonymous environment. 

 Giving managers a unique opportunity to get price discovery and transparent real-time market data for securities lending is proving to be a winning model as LendEx continues to gain market share, and bolster its first to market advantage. 

Locatestock.com, which aggregates, electronic requests to borrow shares for short sellers will begin pointing all unfulfilled Locate Requests towards LendEx beginning later this month. 

"With the ever expanding credit disintermediation opportunities available today, LocateStock has been able to utilize many creative and innovative solutions to bring together beneficial owners and short sellers," said John Tabacco, CEO, LocateStock.com. "Our ability to use innovative platforms like the OCC Hedge program, which we have used for years, has given us a unique ability to be the world leader in Global Electronic Locate technology, and we look forward to further synergizing our new products, to provide more value and transparency to the Global Securities Lending Markets." 

About LendEX

LendEX is an Institutional Securities Lending Portal that offers portfolio securities, including "hard-to-borrow" securities, via an open marketplace to all Securities Lending Participants.

About LocateStock.com

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.

To learn more about hard-to-borrow stocks please visit www.LocateStock.com.

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 

LocateStock.com Daily High Five For Tuesday May 20, 2008

Jersey City, NJ – May 20, 2008

The LocateStock.com HIGH FIVE for Tuesday, May 20^th are:

5 – Pyramid Oil – AMEX:PDO

4 – BlackRock Corporate High Yield Fund – NYSE:COY

3 – Excel Maritime Carriers – NYSE:EXM

2 – Solarfun Power Holdings – NASDAQ:SOLF

1 – DryShips – NASDAQ:DRYS

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.

* On Monday, Pyramid Oil was among the biggest percentage gainers in trading among companies with market capitalizations under $750 million, however the stock shot up on news. Shares of PDO rocketed $2.56 or 16.26% to $18.30 on Monday.

BlackRock Corporate High Yield Fund, Inc. (NYSE:COY) operates as a diversified, closed-end management investment company. It invests primarily in corporate bonds, preferred stocks, and short-term securities.

* BlackRock announced last Thursday that quarter-end portfolio data for its closed-end funds, as of March 31, 2008, is now available. The information is available on BlackRock's website at www.blackrock.com. Shares of COY lost 1 cent or .13% to $7.40 on Monday.

Excel Maritime Carriers, Ltd. (NYSE:EXM) engages in the ownership and operation of dry bulk carriers, and in the provision of seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, bauxite, fertilizers, and steel products worldwide. As of June 26, 2007, the company's fleet consisted of 16 vessels comprising 10 Panamax and 6 Handymax vessels with a total carrying capacity of 965,249 deadweight tonnage.

* Shares of Greek drybulk shipper Excel Maritime rose Monday, after it reported first-quarter earnings that tripled from a year-ago and topped Wall Street's expectations. The company earned $38.5 million, or $1.93 per share, compared with $12.3 million, or 61 cents per share, in the year-ago quarter. Revenue leaped to $69.8 million from $36 million a year earlier. Shares of EXM lost $4.01 or 6.95% to $53.71 on the news.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Solar company Solarfun Power Holdings skyrocketed 54% last week while proving to be among the most-searched stocks on TheStreet.com. On Monday, the stock continued its rise to gain $2.34 or 10.25% to $25.18.

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.

* After the close on Monday, DryShips said it more than doubled its first-quarter net income, beating market expectations, helped by higher freight rates and an enlarged fleet. For the first quarter, the shipping company earned $176.3 million, or $4.61 a share, compared with $67.8 million, or $1.91 million, a year earlier. Despite the upbeat earnings, the shipper had a lousy day as its stock began the week in the red after gaining 20% last week. DRYS lost $5.74 or 5.18% to $105.00 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

 

 

 

 

High 5 at 5:55 for Tuesday May 20, 2008

Listen in as JT previews the Daily High 5 for Monday May 20th...

LocateStock.com Daily High Five For Monday May 19, 2008

Jersey City, NJ – May 19, 2008

The LocateStock.com HIGH FIVE for Monday, May 19^th are:

5 – Zoltek Companies – NASDAQ:ZOLT

4 – Pyramid Oil – AMEX:PDO

3 – National Financial Partners – NYSE:NFP

2 – Solarfun Power Holdings – NASDAQ:SOLF

1 – DryShips – NASDAQ:DRYS

Zoltek Companies, Inc., (NASDAQ:ZOLT) through its subsidiaries, develops, manufactures, and markets carbon fibers and technical fibers in the United States. Its carbon fibers are used in a range of commercial products, as well as in reinforcement material in composites, carbon fiber composite products, and filament winding equipment used in the composite industry.

* Shares of Zoltek took off last week thanks to a second-quarter report released last Tuesday which showed a 36% increase in sales, as well as new found demand for alternative energy sources because of soaring oil prices. Shares of ZOLT gained $4.47 or 16.86% to $30.98 and rose more than 38% on-the-week.

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 was among the new 52-week highs in Friday's trading among companies with market capitalizations under $750 million. Shares of PDO shot up 90 cents or 6.06% to $15.74 on Friday.

National Financial Partners Corp., (NYSE:NFP) through its subsidiaries, distributes a range of financial products and services primarily to high net worth individuals and companies in the United States. The company's products and services include life insurance and wealth transfer, corporate and executive benefits, and financial planning and investment advisory.

* Last Thursday National Financial Partners announced that it will host a conference for analysts and investors on Wednesday, June 4, 2008 from 8:00 a.m. to approximately 2:00 p.m. (ET). Presenters at this conference will include members of NFP's senior management and its firm principals. Shares of NFP lost 46 cents or 1.82% to $24.85 on Friday.

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Solar company Solarfun Power Holdings fell Friday as the majority of solar stocks soared last week on news that ReneSola topped first-quarter expectations. Shares of SOLF traded mixed on Friday to end the day down 17 cents or .65% to $26.04.

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.

* Shares of drybulk shippers sailed higher Friday, as the Baltic Dry Index, set another all-time high for the second consecutive day. The index made its biggest jump ever -- 443 points -- just a day earlier and eclipsed a previous all-time high of 11,039 set in mid-November. Shares of DRYS gained an additional $4.24 or 3.98% to $110.74 and rose 20% on-the-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

 

 

 

 

High 5 at 5:55

Listen in as JT previews the Daily High 5 for Monday May 19th...

LocateStock.com Daily High Five For Friday May 16, 2008

Jersey City, NJ – May 16, 2008

The LocateStock.com HIGH FIVE for Friday, May 16^th are:

5 – Lehman Brothers – NYSE:LEH

4 – Yingli Green Energy – NYSE:YGE

3 – ReneSola – NYSE:SOL

2 – DryShips – NASDAQ:DRYS

1 – IndyMac Bancorp – NYSE:IMB

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 were mostly up Thursday, trading in a narrow range as Federal Reserve Board Chairman Ben Bernanke spoke at the central bank's conference in Chicago. Bernanke said he was "encouraged" by banks recent efforts to raise cash to help relieve the ongoing credit crisis, but also said financial institutions need to improve their ability to detect and protect themselves against risks. Shares of LEH paired the week's losses to gain $2.54 or 6.01% to $44.77 on Thursday.

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.

* Yingli Green posted a first-quarter profit as the company ramped up sales of its clean electricity products, but its stock gave back some of its recent gains. The Chinese company said on Thursday its net income rose to $31.9 million, or 25 cents per American depositary share, versus a loss of $3.2 million, or 5 cents per ADS, a year ago. Revenue jumped 272% to $227.5 million in the quarter. Shares of YGE lost $1.88 or 6.91% to $25.31 on Thursday.

ReneSola, Ltd., (NYSE:SOL) through its subsidiaries, engages in the manufacture and sale of solar wafers and related products in the People's Republic of China. It offers feedstock, ingots, and wafers for the solar industry. The company sells solar wafers to Chinese and international PV cell manufacturers.

* Shares of Chinese solar wafer maker ReneSola surged again on Thursday after it said its first-quarter profit nearly tripled, boosted by increased production. For the quarter that ended March 31, ReneSola said earnings doubled from the year-ago period to 28 cents per share, nearly 22% over the average estimate of analysts polled by Thomson Reuters. Sales more than tripled to $123 million, 17% over views. Shares of SOL rose an additional $3.91 or 17.53% to $26.21 after rising 3% on the news Wednesday.

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.

* Investors flocked to the drybulk sector Thursday, as a key shipping index set an all-time high amid increasing activity for the vessels that carry commodities including iron ore, coal and grain. The Baltic Dry Index soared 418 points Thursday to close at 11,067 -- its highest point since mid-November of 2007. The increase marks the biggest leap ever for the index. Shares of DRYS gained $7.46 or 7.53% to $106.50 and is up 16% on-the-week.

IndyMac Bancorp, Inc. (NYSE:IMB) operates as the holding company for IndyMac Bank, F.S.B., a thrift/mortgage bank, which provides mortgage products and services in the United States. The company operates in two segments, Mortgage Banking and Thrift.

* Early this week, mortgage lender IndyMac Bancorp said it would defer interest payments on its trust preferred securities -- securities which Alesco Financial owns. Based on its holdings of IndyMac securities, Alesco would typically receive about $1.5 million, or 2 cents per share, per quarter. But Alesco said Thursday that its investments in IndyMac securities should not affect its ability to pay dividends through the rest of the year. Alesco currently pays a dividend totaling $1 annually. Shares of IMB lost 2 cents or 1% to $1.99 on Thursday.

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

 

 

 

 

LocateStock.com Daily High Five For Thursday May 15, 2008

Jersey City, NJ – May 15, 2008

 

The LocateStock.com HIGH FIVE for Thursday, May 15^th are:

5 – Geron Corp. – NASDAQ:GERN

4 – Lehman Brothers – NYSE:LEH

3 – Canadian Solar – NASDAQ:CSIQ

2 – DryShips – NASDAQ:DRYS

1 – ReneSola – NYSE:SOL

Geron Corporation, (NASDAQ:GERN) a biopharmaceutical company, develops biopharmaceuticals for the treatment of cancer and chronic degenerative diseases, including spinal cord injury, heart failure, and diabetes. The company develops a range of anti-cancer therapies, including anti-cancer therapies based on telomerase inhibitors, telomerase therapeutic vaccines, and telomerase-based oncolytic viruses, and diagnostics based on telomerase detection.

* Biopharmaceutical company Geron Corp said on Wednesday that a hold was placed by the Food and Drug Administration on GRNOPC1, the company's experimental cell therapy for spinal cord injury. The stock plunged 19.59% or 96 cents to close the day at $3.94. The company -- which has been developing the drug for four years -- said the FDA told it verbally about the hold but has not yet sent a formal letter with details.

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.

* According to an analyst from Goldman Sachs, Lehman may suffer a second-quarter loss, as Wall Street investment banks take hits from slower client and investment banking activity and poor results from principal and proprietary trading. The analyst is also predicting a second-quarter loss at Lehman. Shares of LEH lost an additional 72 cents or 1.68% to $42.23 after falling more than 3.5% on Tuesday.

Canadian Solar, Inc., (NASDAQ:CSIQ) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules to general specifications for use in various residential, commercial, and industrial solar power generation systems.

* Shares of Canadian Solar rose an additional 7.9% after rising almost 20% the day before when the company posted a first-quarter profit that topped Wall Street estimates. Canadian Solar also issued a strong second-quarter outlook. Shares of the company soared to a new high on Wednesday of $45.99 before ending up $3.22 to $44.00.

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 announced Tuesday that it will release its results for the first quarter 2008, after the market closes in New York on Monday, May 19, 2008. DryShips' management team will host a conference call on Tuesday, May 20, 2008, at 9:30 a.m. Eastern Daylight Saving Time to discuss the Company's financial results. Shares of DRYS rose an additional 84 cents or .86% to $99.04 on Wednesday after already being up more than 6.5% this week.

ReneSola, Ltd., (NYSE:SOL) through its subsidiaries, engages in the manufacture and sale of solar wafers and related products in the People's Republic of China. It offers feedstock, ingots, and wafers for the solar industry. The company sells solar wafers to Chinese and international PV cell manufacturers.

* Shares of Chinese solar wafer maker ReneSola surged on Wednesday after it said its first-quarter profit nearly tripled, boosted by increased production. Shares of SOL rose 63 cents or 2.91% to $22.30.

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

 

 

 

 

LocateStock.com Daily High Five For Wednesday May 14, 2008

Jersey City, NJ – May 14, 2008

The LocateStock.com HIGH FIVE for Wednesday, May 14^th are:

5 – DryShips – NASDAQ:DRYS

4 – Nxstage Medical – NASDAQ:NXTM

3 – Lehman Brothers – NYSE:LEH

2 – Hovanian Enterprises – NYSE:HOV

1 – Canadian Solar – NASDAQ:CSIQ

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 announced Tuesday that it will release its results for the first quarter 2008, after the market closes in New York on Monday, May 19, 2008. DryShips' management team will host a conference call on Tuesday, May 20, 2008, at 9:30 a.m. Eastern Daylight Saving Time to discuss the Company's financial results. Shares of DRYS were up $1.56 or 1.61% to $98.20 on Tuesday after rising more than 5% the day before.

NxStage Medical, Inc., (NASDAQ:NXTM) a medical device company, engages in the development, manufacture, and marketing of systems for the treatment of end-stage renal disease and acute kidney failure in the United States. The company's primary product includes NxStage System One, a portable hemodialysis system, which is designed to provide physicians and patients' flexibility in prescribing and delivering hemodialysis therapy.

* NxStage reported a net loss of $13.9 million, or 38 cents a share, widened from a net loss of $12.0 million, or 41 cents a share, for the first quarter of 2007. But, on an adjusted EBITDA basis, the company said it lost of $8.3 million, down from a loss of $10.7 million a year earlier. First quarter revenue totaled $31.0 million, vs. $8.4 million in the year-ago period. Looking ahead, NxStage said to expect an adjusted net loss of between $28 million and $31 million on revenue in the range of $130 million to $135 million. Shares of NXTM fell $1.82 or 27% to $4.92 on Tuesday.

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.

* Oppenheimer cut its second-quarter, fiscal 2008 and fiscal 2009 earnings estimates on Lehman Brothers along with Goldman Sachs, Merrill Lynch and Morgan Stanley on Tuesday, in part because of expected revenue reversals that will be required by a new accounting treatment. Shares of LEH lost $1.60 or 3.59% to $42.95 on the news.

Hovnanian Enterprises, Inc. (NYSE:HOV) engages in building residential homes in the United States. It designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill, and adult homes.

* Last Friday, Hovnanian Enterprises said it priced a follow-on offering of 14 million shares of its common stock at $9.50 per share. Hovnanian also said late Thursday that it gave the underwriters a 30-day option to buy up to an additional 2.1 million shares to cover any over-allotments. If the offering is successful, and the over-allotment option is exercised, the company could raise almost $153 million. Shares of HOV lost 25 cents or 2.78% to $8.75 on Tuesday.

Canadian Solar, Inc., (NASDAQ:CSIQ) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules to general specifications for use in various residential, commercial, and industrial solar power generation systems.

* China's Canadian Solar posted a first-quarter profit on Tuesday that topped Wall Street estimates, helped by higher market demand, strong pricing and effective foreign exchange exposure management, and forecast second-quarter revenue above the market view. Shares of the company soared more than 28% to an all-time high of $43.82 in midday trade, making them one of the top percentage gainers on Nasdaq. Shares of CSIQ rocketed $6.68 or 19.59% to $40.78.

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

 

 

 

 

LocateStock.com Daily High Five For Tuesday May 13, 2008

Jersey City, NJ – May 13, 2008

The LocateStock.com HIGH FIVE for Tuesday, May 13^th are:

5 – Countrywide Financial – NYSE:CFC

4 – DryShips – NASDAQ:DRYS

3 – Lehman Brothers – NYSE:LEH

2 – Cheniere Energy – AMEX:LNG

1 – BlackRock Corporate High Yield Fund – NYSE:COY

Countrywide Financial Corporation, (NYSE:CFC) a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations.

* Countrywide Financial is facing headwinds in its efforts to close a deal to sell itself to Bank of America. Standard & Poor's earlier this month downgraded Countrywide's debt to junk status and Charlotte, N.C.-based BofA said in a regulatory filing that it is reconsidering whether it will take on all of Countrywide's debt in the deal. Analysts increasingly are questioning whether the $4.1 billion deal can get done under the current terms. Shares of CFC rose 18 cents or 3.90% to $4.79 on Monday.

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 announced last Thursday that it purchased 7,546,668 shares in Ocean Rig ASA at a price of NOK 45 per share from companies controlled by the Company's Chief Executive Officer, George Economou, representing approximately 4.4% of the share capital of Ocean Rig ASA. Shares of DRYS rose $4.68 or 5.09% to $96.64 on Monday.

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.

* Lehman Brothers, long known for its fixed-income capital markets strength, boasts more than 21% of a shrinking merger and acquisitions market, its chief financial officer said Monday. But the firm's capture of 21.5% of the M&A market on announced deals year to date from 17.5% last year shows the loyalty of its customers and the developing strength of its worldwide capabilities. Shares of LEH rose $1.18 or 2.71% to $44.72 on Monday.

Cheniere Energy, Inc., (AMEX:LNG) through its subsidiaries, engages in the development, construction, ownership, and operation of onshore liquefied natural gas (LNG) receiving terminals and natural gas pipelines along the Gulf Coast of the United States. It develops LNG receiving terminal projects on Sabine Pass LNG in western Cameron Parish, Louisiana on the Sabine Pass Channel; Corpus Christi LNG near Corpus Christi, Texas; Creole Trail LNG at the mouth of the Calcasieu Channel in central Cameron Parish, Louisiana; and Freeport LNG on Quintana Island near Freeport, Texas.

 

* Cheniere Energy plummeted to a new 52-week low of $3.65 on Monday. Citigroup downgraded the Houston firm to hold from buy, and RBC Capital Markets downgraded it to underperform from outperform. On Friday, Cheniere had posted a first-quarter loss of $49.9 million, or $1.06 a share, vs. a loss of $34.6 million, or 63 cents a share, a year ago. The Street was looking for a loss of $1.08 a share. Shares closed down 34 cents or 6.37% to $5.00 Monday after shedding more than 32% on Friday.

 

BlackRock Corporate High Yield Fund, Inc. (NYSE:COY) operates as a diversified, closed-end management investment company. It invests primarily in corporate bonds, preferred stocks, and short-term securities.

* Shares of the BlackRock Corporate High Yield Fund fell Monday on no news. Shares of COY were down 2 cents or .27% to $7.47.

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