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

posted by LOCATESTOCK @ 10:11 AM 0 Comments Links to this post

Friday, June 27, 2008

LocateStock.com Daily High Five For Friday June 27, 2008

Jersey City, NJ – June 27, 2008

The LocateStock.com HIGH FIVE for Friday, June 27^th are:

5 – Pyramid Oil – AMEX:PDO

4 – DryShips – NASDAQ:DRYS

3 – Lehman Brothers – NYSE:LEH

2 – Royale Energy – NASDAQ:ROYL

1 – VirnetX Holding Corp. – AMEX:VHC

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 plunged more than 18% on Wednesday, virtually eliminating the gains it made in Tuesday's trading. The oil and natural gas producer dropped as the price of crude oil fell and a government report announced U.S. oil inventories rose for the first time in more than a month. Shares of PDO lost an additional 84 cents or 2.40% to $34.10 on Thursday.

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 gained an additional 89 cents or 1.09% to $82.86 on Thursday after rocketing 7% the day before.

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 fell Thursday after a Goldman Sachs analyst cut his view on the sector and the broader market tumbled on surging oil prices and warnings of trouble in the automotive and high-tech industries. Lehman fell with the banks, losing $2.08 or 8.42% to $22.61 on Thursday.

Royale Energy, Inc. (NASDAQ:ROYL) operates as an independent oil and natural gas producer in the United States. The company engages in the production and sale of oil and natural gas; acquisition of oil and gas lease interests and proved reserves; drilling of exploratory and development wells; and sale of working interests in wells to be drilled.

* In a press release on Thursday, Royale said it applied for a permit to drill a well at its natural gas property in Utah's Uinta Basin. The company also said it plans to drill an additional penetration at its property in the Monterey oil shale in the gas-prolific San Joaquin Basin of California. Shares of ROYL rocketed 17% earlier in the week and gained an additional 75 cents or 6.25% to $12.75 on Thursday. The stock is up more than 31% in one week.

* VirnetX said Wednesday that it will be included in the Russell Microcap Index when Russell Investments reconstitutes its family of U.S. indexes on June 27. Shares of VHC finished flat on Thursday to close at $4.08. The stock is down nearly 29% since debuting on the HIGH FIVE last week.

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

posted by LOCATESTOCK @ 9:38 AM 0 Comments Links to this post

Thursday, June 26, 2008

LocateStock.com Daily High Five For Thursday June 26, 2008

Jersey City, NJ – June 26, 2008

The LocateStock.com HIGH FIVE for Thursday, June 26^th are:

5 – DineEquity – NYSE:DIN

4 – Royale Energy – NASDAQ:ROYL

3 – China Sunergy – NASDAQ:CSUN

2 – DryShips – NASDAQ:DRYS

1 – VirnetX Holding Corp. – AMEX:VHC

* Earlier in the week, DineEquity said that Applebee's entered into an agreement with affiliates of Drawbridge Special Opportunities Fund LP and Drawbridge Real Assets Fund, for the sale-leaseback of 187 company-owned restaurant real estate parcels. IHOP expected to generate $347 million in gross proceeds, before taxes, from the deal (this was down from an originally estimated $350 million). Shares of DIN rocketed $1.76 or 4.48% to $41.01 on Wednesday.

* On Monday, Royale Energy announced the election of its 2008 board of directors with an average of 97.79% of votes cast in favor of the slate. The Company also reported at its annual meeting, that it has applied for a permit to drill a well located in Utah. Shares of ROYL rocketed 17% on the news Tuesday and sank $1.15 or 8.75% to $12.00 on Wednesday.

China Sunergy Co., Ltd., (NASDAQ:CSUN) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar cells in the People's Republic of China and overseas market. It manufactures solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process, known as the photovoltaic effect.

* China Sunergy announced on Wednesday that it has entered into a supply agreement with the European wafer provider REC Wafer for a high quality supply of monocrystalline 156-millimeter wafers for the seven years from 2009 through 2015. Shares of CSUN rose 34 cents or 3.19% to $11.00 on Wednesday.

* DryShips rocketed $5.34 or 6.97% to $81.97 on no substantial news.

* VirnetX announced Wednesday that it will be included in the Russell Microcap Index when Russell Investments reconstitutes its family of U.S. indexes on June 27. Shares of VHC continued their decline on Wednesday, falling 10 cents or 2.41% to $4.05 on Wednesday. The stock is down nearly 29% since debuting on the HIGH FIVE last week.

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

posted by LOCATESTOCK @ 11:37 AM 0 Comments Links to this post

Wednesday, June 25, 2008

LocateStock.com Daily High Five For Wednesday June 25, 2008

Jersey City, NJ – June 25, 2008

The LocateStock.com HIGH FIVE for Wednesday, June 25^th are:

5 – United States Oil – NYSE:USO

4 – Royale Energy – NASDAQ:ROYL

3 – VirnetX Holding Corp. – AMEX:VHC

2 – MBIA – NYSE:MBI

1 – General Motors – NYSE:GM

United States Oil (AMEX:USO) The investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil. The fund will invest in futures contracts for WTI light, sweet crude oil, other types of crude oil, heating oil, gasoline, natural gas and other petroleum based-fuels that are traded on exchanges.

* Oil futures ended an uneven session with a modest gain Tuesday as traders awaited news that could help the market break out of a trading range that has lasted for more than two weeks. Light, sweet crude for August delivery rose 26 cents to settle at $137.00 a barrel on the New York Mercantile Exchange after alternating between gains and losses for most of the day. Shares of United States Oil rose 3 cents or 0.03% to $110.95.

* On Monday, Royale Energy announced the election of its 2008 board of directors with an average of 97.79% of votes cast in favor of the slate. The Company also reported at its annual meeting, that it has applied for a permit to drill the V Canyon 20-2, a well located in the Uinta Basin Utah to be drilled to develop the eastern edge of the prolific Flat Rock field that Royale believes extends into the Company's section 20. Shares of ROYL rocketed $1.91 or 16.99% to $13.15 on Tuesday.

* Last week, VirnetX said that the court denied the motion to dismiss filed by Microsoft in connection with VirnetX's lawsuit against Microsoft. Shares of VHC fell 35 cents or 7.78% to $4.15 on Tuesday. The stock is down 27% since debuting on the HIGH FIVE last week.

MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.

* MBIA Insurance Corp's credit default swaps are trading at levels that imply the world's largest bond insurer is one step away from default following a downgrade by Moody's Investors Service last week. Shares of MBI rose 8 cents or 1.66% to $4.90 on Tuesday.

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.

* Dow stock, GM, is set to unveil a series of moves meant to help sell trucks and SUVs, including long-term no-interest financing. An Associated Press report said GM plans to boost prices on 2009 models. Shares of the #1 HIGH FIVE stock gained 28 cents or 2.17% to $13.19 on Tuesday.

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

posted by LOCATESTOCK @ 1:39 PM 0 Comments Links to this post

Tuesday, June 24, 2008

LocateStock.com Daily High Five For Tuesday June 24, 2008

Jersey City, NJ – June 24, 2008

The LocateStock.com HIGH FIVE for Tuesday, June 24^th are:

5 – Lehman Brothers – NYSE:LEH

4 – Doral Financial – NYSE:DRL

3 – DineEquity – NYSE:DIN

2 – VirnetX Holding Corp. – AMEX:VHC

1 – Coeur d'Alene Mines – NYSE:CDE

* Financial stocks are beginning the week deep in the red after Goldman Sachs led a parade of bearish analyst forecasts for the sector. Goldman said it erred in upgrading financials to neutral last month, and returned its outlook to underweight. Shares of Lehman began the week falling $1.40 or 5.79% to $22.80 after falling more than 11% last week.

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.

* Doral Financial announced Monday that Raymond J. Quinlan and Gerard L. Smith have been appointed as members of its Board of Directors. Both appointments are in addition to the current nine members of the Company's Board. Shares of DRL fell 3 cents or 0.20% to $15.17 on Monday.

* Last week, DineEquity which operates the IHOP and Applebee's restaurant chains, rose after the company said it completed the sale of company-owned Applebee's locations and leased them back. The company said it completed the deal, saying it sold the locations to a group majority owned by affiliates of Drawbridge Special Opportunities Fund LP, Drawbridge Real Assets Fund LP and Cardinal Capital Partners. Shares of DIN plummeted $2.73 or 6.47% to $39.45 on Monday.

* Last week, VirnetX said that the court denied the motion to dismiss filed by Microsoft in connection with VirnetX's lawsuit against Microsoft. Shares of VHC fell 8 cents or 1.75% to $4.50 on Monday. The stock is down 21% since debuting on the HIGH FIVE last week.

Coeur d'Alene Mines Corporation, (NYSE:CDE) through its subsidiaries, engages in the exploration and development of mineral properties principally in the United States, South America, Australia, and Africa. The company primarily explores for silver, gold, lead, and zinc deposits.

* Coeur d'Alene Mines announced last Wednesday that it has poured the first gold at its new San Bartolome mine in Bolivia. The mine is expected to produce 6 million ounces of silver this year and 9 million ounces in 2009. Shares of CDE lost 16 cents or 4.92% to $3.09 on Monday.

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

posted by LOCATESTOCK @ 10:39 AM 0 Comments Links to this post

Monday, June 23, 2008

LocateStock.com Daily High Five For Monday June 23, 2008

Jersey City, NJ – June 23, 2008

The LocateStock.com HIGH FIVE for Monday, June 23^rd are:

5 – Interoil Corp. – AMEX:IOC

4 – Lehman Brothers – NYSE:LEH

3 – Blockbuster – NYSE:BBI

2 – Standard Pacific – NYSE:SPF

1 – Coeur d'Alene Mines – NYSE:CDE

Interoil Corporation, (AMEX:IOC) together with its subsidiaries, engages in the exploration and production of oil and gas properties in Papua New Guinea. It owns four exploration licenses and two retention licenses in Papua New Guinea covering approximately nine million acres; and a 15% working interest in petroleum prospecting license 244 located offshore in the Gulf of Papua; a 43.13% working interest in petroleum retention license 4; and a 28.576% working interest in petroleum retention license 5.

* According to Forbes, the American Stock Exchange is giving no reason to support Interoil's spike last Thursday when its stock jumped more than 30%. Then on Friday Interoil announced what sounded like a moderately positive development, the sale of a couple of energy properties in Papua New Guinea for $6.5 million. Shares of IOC plummeted $8.29 or 19.92% to $33.33.

* Lehman shares dropped on Friday after a Reuters report citing rumors that Merrill Lynch would preannounce that it would miss analyst estimates. However, a Merrill spokeswoman declined to comment on the rumors. Shares of LEH 26 cents or 1.06% to $24.20 and lost more than 11% on the week.

Blockbuster, Inc., (NYSE:BBI) together with its subsidiaries, operates and franchises entertainment-related stores in the United States and internationally. It offers pre-recorded videos, as well as video games for in-store rental, sale and trade, and also sells other entertainment-related merchandise.

* Circuit City Stores said Thursday its loss widened in the first quarter because of a more than 11% drop in sales at established stores. The electronics retailer also said it expects a bigger loss in the second quarter than analysts are expecting and said it is suspending its dividend to keep capital available for its turnaround efforts. The company had opened its books last month to Blockbuster to allow the video-rental chain to conduct due diligence in its takeover bid of just over $1 billion with plans for creating a huge chain that would sell electronic gadgets and rent movies and games. Shares of BBI plummeted 27 cents or 9.68% to $2.52 on Friday.

Standard Pacific Corp. (NYSE:SPF) engages in the construction and sale of single-family attached and detached homes in the United States. It also provides mortgage financing and title services to its homebuyers through its subsidiaries and joint ventures

* Standard Pacific joins the HIGH FIVE ahead of this week's housing data. The Department of Commerce reports data on new home sales for May, and the National Association of Realtors reports on existing home sales. Economists predict a decline in new home sales and a slight rise in existing home sales when data are released on Wednesday and Thursday, respectively. Shares of SPF lost 3 cents or .93% to $3.19 on Friday.

* Coeur d'Alene mines announced last Wednesday that it has poured the first gold at its new San Bartolome mine in Bolivia. The mine is expected to produce 6 million ounces of silver this year and 9 million ounces in 2009. Shares of CDE rose to gain 33 cents or 11.30% to $3.25 on Friday.

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

posted by LOCATESTOCK @ 10:38 AM 2 Comments Links to this post

Friday, June 20, 2008

LocateStock.com Daily High Five For Friday June 20, 2008

Jersey City, NJ – June 20, 2008

The LocateStock.com HIGH FIVE for Friday, June 20^th are:

5 – VirnetX Holding Corp. – AMEX:VHC

4 – International Coal Group – NYSE:ICO

3 – Fieldpoint Petroleum – AMEX:FPP

2 – ReneSola – NYSE:SOL

1 – Lehman Brothers – NYSE:LEH

* VirnetX said in a press release that the court denied the Motion to Dismiss filed by Microsoft in connection with VirnetX's lawsuit against Microsoft. The suit alleges patent infringement by Redmond, WA-based Microsoft Corporation, and seeks damages, injunctive relief and costs. Shares of VirnetX rose slightly on Thursday to gain half a penny or 1.26% to $4.81 – the stock is down 15% so far this week.

International Coal Group, Inc., (NYSE:ICO) through its subsidiaries, produces coal in Northern and Central Appalachia with a range of mid to high Btu, low to medium sulfur steam, and metallurgical coal. It produces, processes, and sells steam coal from 12 regional mining complexes, which, as of December 31, 2007 were supported by 13 active underground mines, 13 active surface mines, and 9 preparation plants located throughout West Virginia, Kentucky, Maryland, and Illinois.

* Coal stocks rose amid a battered broader market on Wednesday after a Stifel Nicolaus analyst raised his price expectations for the commodity next year as supplies are expected to dwindle. Analyst Paul Forward raised his 2009 price expectation for Central Appalachian steam coal -- a benchmark grade widely used by power plants -- to $105 a ton from $85 a ton. Shares of International Coal rocketed 9% on Wednesday and then fell 43 cents or 3.24% to $12.85 on Thursday.

Fieldpoint Petroleum Corporation (AMEX:FPP) engages in the acquisition, operation, and development of oil and natural gas properties in the United States. Its properties are primarily located in Louisiana, New Mexico, Oklahoma, South-Central Texas, and Wyoming.

* On Monday, Fieldpoint Petroleum announced the acquisition of various interests in the Spraberry Trend located in Midland County, Texas and in the Flying M Field located in Lea County, New Mexico. The Spraberry Trend is operated by Pioneer Natural Resources, and the Flying M Field is operated by Chesapeake Energy. The acquisition price is $1,295,000 for various interests in seven producing wells and the leasehold and related equipment, effective July 1, 2008. Shares of FPP rocketed 16.5% on the news Wednesday only to plummet $1.04 or 14.27% to $6.25 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.

* On Wednesday, ReneSola released further details of its follow-on public offering of American Depositary Shares. A total of 9,000,000 ADSs, each representing two shares of the Company, are being sold in the Offering at a price of US$20.50 per ADS. Of the ADSs to be sold in the Offering, 8,577,220 ADSs represent new shares being issued by ReneSola and 422,780 ADSs are being sold by certain selling shareholders, including certain directors of the Company. Shares of SOL rose 66 cents or 3.07% to $22.15 on Thursday.

* Shares of investment banks ended Thursday trading mixed, with Lehman Brothers falling yet again this week after posting fiscal second-quarter results earlier in the week. Shares of Lehman fell 32 cents or 1.29% to $24.46 on Thursday and are down more than 10% on the week.

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

posted by LOCATESTOCK @ 7:02 AM 0 Comments Links to this post

Thursday, June 19, 2008

LocateStock.com Daily High Five For Thursday June 19, 2008

Jersey City, NJ – June 19, 2008

The LocateStock.com HIGH FIVE for Thursday, June 19^th are:

5 – Canadian Solar – NASDAQ:CSIQ

4 – Kodiak Oil & Gas – AMEX:KOG

3 – VirnetX Holding Corp. – AMEX:VHC

2 – Fieldpoint Petroleum – AMEX:FPP

1 – Lehman Brothers – NYSE:LEH

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 Wednesday after the maker of solar cells and modules raised its 2008 revenue guidance, citing stronger sales to German customers. The company said it expects sales this year of $750 million to $870 million, up from a previous forecast of $650 million to $750 million. Shares of CSIQ rose an additional $4.00 or 8.51% to $51.00 after rocketing more than 10.5% the day before.

Kodiak Oil & Gas Corp. (AMEX:KOG) and its subsidiaries engage in the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the western United States. Its oil and natural gas reserves and operations are located in two Rocky Mountain Basins.

* Shares of Kodiak Oil traded flat through most of Wednesday's session. However, at about 12:15 p.m. the stock spiked in volume and shot higher. The advance has taken the stock over resistance and to its highest level since August 2007. KOG rocketed $1.21 or 31.51% to $5.05 on Wednesday.

* On Monday, VirnetX said that on June 3, 2008, the court denied the Motion to Dismiss filed by Microsoft in connection with VirnetX's lawsuit against Microsoft. The suit alleges patent infringement by Redmond, WA-based Microsoft Corporation, and seeks damages, injunctive relief and costs. Shares of VirnetX lost an additional 39 cents o 7.59% to $4.75 after losing 9.5% on Tuesday.

* Shares of investment banks closed mixed Wednesday as Morgan Stanley said its fiscal second-quarter profit plunged 61% and amid continued concern about deterioration in the credit markets. Lehman Brothers fell an additional 36 cents or 1.43% to $24.78 after falling more than 7.5% on Tuesday.

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

posted by LOCATESTOCK @ 12:03 PM 0 Comments Links to this post

Wednesday, June 18, 2008

LocateStock.com Daily High Five For Wednesday June 18, 2008

Jersey City, NJ – June 18, 2008

The LocateStock.com HIGH FIVE for Wednesday, June 18^th are:

5 – ReneSola – NYSE:SOL

4 – VirnetX Holding Corp. – AMEX:VHC

3 – Excel Maritime – NYSE:EXM

2 – Canadian Solar – NASDAQ:CSIQ

1 – Lehman Brothers – NYSE:LEH

* ReneSola shares have been soaring with other solar companies as crude oil rebounded to trade above $134 a barrel after declining in pre-market trading. SOL hit a low of $20.34 and a high of $21.89 on Tuesday and its stock hit its 52 week high of $29.48 in May and set its 52 week low of $7.36 in March. SOL had a big plunge in February, but has been stronger since then. SOL gained 77 cents or 3.85% to $20.77 on Tuesday.

* On Monday, VirnetX said that on June 3, 2008, the court denied the Motion to Dismiss filed by Microsoft in connection with VirnetX's lawsuit against Microsoft. The suit alleges patent infringement by Redmond, WA-based Microsoft Corporation, and seeks damages, injunctive relief and costs. Shares of VirnetX lost 54 cents or 9.51% to $5.14 on Tuesday after rallying more than 35% a day earlier.

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.

* Excel Maritime's senior management recently participated with 14 other companies in Capital Link's "Analyst and Investor Day" organized recently in Athens with the occasion of Posidonia. Shares of EXM rocketed $4.34 or 11.10% to $43.44 on Tuesday.

* Shares of Canadian Solar rose 10.69% after the maker of photovoltaic cells and modules lifted its 2008 revenue forecast, citing stronger sales to German customers. The company, which also announced increased capital expenditure plans, said it expects sales this year of $750 million to $870 million, up from a previous forecast of $650 million to $750 million. Shares of CSIQ rocketed on the news to gain $4.54 to $47.00.

* Shares of Lehman Brothers found themselves back in the red on Tuesday after reassuring the market on Monday that its liquidity and reserves were adequate, despite the investment bank's $2.8 billion second-quarter loss. Shares of LEH finished Tuesday down $2.06 or 7.57% to $25.14.

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

posted by LOCATESTOCK @ 1:29 PM 0 Comments Links to this post

Tuesday, June 17, 2008

LocateStock.com Daily High Five For Tuesday June 17, 2008

Jersey City, NJ – June 17, 2008

The LocateStock.com HIGH FIVE for Tuesday, June 17^th are:

5 – VirnetX Holding Corp. – AMEX:VHC

4 – Doral Financial – NYSE:DRL

3 – DinEquity – NYSE:DIN

2 – Sirius Satellite Radio – NASDAQ:SIRI

1 – Lehman Brothers – NYSE:LEH

* On Monday, VirnetX said that on June 3, 2008, the court denied the Motion to Dismiss filed by Microsoft in connection with VirnetX's lawsuit against Microsoft. The suit alleges patent infringement by Redmond, WA-based Microsoft Corporation, and seeks damages, injunctive relief and costs. New to the HIGH FIVE list, shares of VirnetX rocketed $1.49 or 35.56% to $5.68 on Monday.

* The Puerto Rican bank, Doral Financial, rose $1.07 or 7.08% to $16.18 on Monday.

* Landry's Restaurants, which competes with DineEquity, agreed to be bought by Chief Executive Tilman Fertitta for about $1.3 billion, including debt, on Monday. Meanwhile, last Thursday TheStreet.com upgraded its coverage on DineEquity to "Hold" from "Sell." Shares of DIN began the week off higher by 95 cents or 2.19% to $44.35 on Monday.

Sirius Satellite Radio, Inc. (NASDAQ:SIRI) provides satellite radio services in the United States. It offers commercial-free music channels that provide a selection of music genres, such as rock, pop, hip-hop, country, dance, jazz, Latin, and classical; and channels of sports, news, talk, entertainment, traffic, weather, and data content.

* Sirius shares rallied 3.15% on Monday after the Wall Street Journal reported that the staff of the Federal Communications Commission has recommended the agency clear the company's planned merger with XM Satellite Radio. SIRI gained 8 cents to $2.62 on the news.

* Lehman Brothers reassured the market on Monday that its liquidity and reserves were adequate, despite the investment bank's $2.8 billion second-quarter loss. The beaten down firm's stock moved up as much as 9.3%, after executives including CEO Richard Fuld said the firm would not need to raise additional capital. Shares of LEH finished Monday up, $1.39 or 5.39% to $27.20 on the news.

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

posted by LOCATESTOCK @ 1:28 PM 0 Comments Links to this post

Monday, June 16, 2008

LocateStock.com Daily High Five For Monday June 16, 2008

Jersey City, NJ – June 16, 2008

The LocateStock.com HIGH FIVE for Monday, June 16^th are:

5 – Countrywide Financial – NYSE:CFC

4 – DinEquity – NYSE:DIN

3 – ReneSola – NYSE:SOL

2 – American Superconductor Corporation – NASDAQ:AMSC

1 – Lehman Brothers – NYSE:LEH

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.

* The chairman of the powerful Senate Banking Committee on Friday denied a media report that he received preferential mortgage terms from Countrywide Financial. Conde Nast's Portfolio.com website reported that Sen. Christopher Dodd, a Democrat from Connecticut who is trying to push a housing rescue bill through the Senate, could save $75,000 over the life of the loans he obtained from Countrywide for two homes. Dodd denied receiving any special favors from Countrywide, calling such a suggestion "outrageous." Meanwhile, Cramer said Bank of America's acquisition of Countrywide Financial a "big mistake." He said that Bank of America is now the "ultimate toxic waste pit." Shares of CFC added 5 cents or 1.04% to $4.84 on Friday.

* Last Thursday TheStreet.com upgraded its coverage on DineEquity to "Hold" from "Sell." The following day, shares of DIN added 88 cents or 2.07% to $43.40.

* Last Wednesday the Canadian-based solar technology company Arise Technologies announced its wholly owned subsidiary, Arise Technologies Deutschland, inked a six-year deal with Chinese alternative energy company, ReneSola to supply Arise with 203.5 megawatts of silicon wafers. Initially, the stock fell on the news, but closed Friday up 58 cents or 3.37% to $17.80. SOL closed the week down more than 22%.

American Superconductor Corporation, (NASDAQ:AMSC) an energy technologies company, together with its subsidiaries, provides an array of solutions based on two proprietary technologies, programmable power electronic converters and high temperature superconductor (HTS) wires. Its products, services, and system-level solutions enable generation, delivery, and use of electric power.

* On Friday it was reported that the chairman, president and chief executive of energy equipment supplier American Superconductor, exercised options for 246,098 shares of common stock under a prearranged trading plan, according to three Securities and Exchange Commission filings Thursday. In Form 4s filed with the SEC, Gregory J. Yurek reported he exercised options for the shares on Tuesday, Wednesday and Thursday for $25.63 apiece and then sold 244,898 shares the same days for $42 to $45.05 apiece. Shares of AMSC rose 56 cents or 1.36% to $41.65 on Friday.

* Lehman jumped 13.7% Friday, snapping a five-day losing streak as some short sellers unwound their bets against the brokerage ahead of today's second-quarter earnings report. Shares of LEH gained $3.11 to $25.81 despite the weeks less-than-optimistic news. Lehman lost 20% on-the-week.

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

posted by LOCATESTOCK @ 12:14 PM 0 Comments Links to this post

Friday, June 13, 2008

LocateStock.com Daily High Five For Friday June 13, 2008

Jersey City, NJ – June 13, 2008

The LocateStock.com HIGH FIVE for Friday, June 13^th are:

5 – Diana Shipping – NYSE:DSX

4 – ReneSola – NYSE:SOL

3 – Excel Maritime Carriers – NYSE:EXM

2 – MBIA – NYSE:MBI

1 – Lehman Brothers – NYSE:LEH

Diana Shipping, Inc., (NYSE:DSX) through its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Its fleet consists of dry bulk carriers that transport iron ore, coal, grain, and other dry cargoes along worldwide shipping routes.

* A key shipping index measuring drybulk vessel activity posted its largest one-day drop Thursday, dragged down as rates for the sector's biggest ships lost significant ground. The Baltic Dry Index sank 963 points Thursday to reach 10,142. The index had wavered, but remained above 11,000, since hitting an all-time high on May 20 of 11,793. The index, managed by the Baltic Exchange in London, had previously posted its biggest one-day skid of 443 points on Jan. 17. Shares of Diana Shipping dropped an additional $1.07 or 3.55% to $29.10 on Thursday after skidding 5.3% the day before.

* On Wednesday, the Canadian-based solar technology company Arise Technologies announced its wholly owned subsidiary, Arise Technologies Deutschland, inked a six-year deal with Chinese alternative energy company, ReneSola to supply Arise with 203.5 megawatts of silicon wafers. Shares of ReneSola slipped an additional $1.78 or 9.37% to $17.22 on Thursday after falling 3.3% the day of the news.

* A key shipping index measuring drybulk vessel activity posted its largest one-day drop Thursday, dragged down as rates for the sector's biggest ships lost significant ground. The Baltic Dry Index sank 963 points Thursday to reach 10,142. The index had wavered, but remained above 11,000, since hitting an all-time high on May 20 of 11,793. The index, managed by the Baltic Exchange in London, had previously posted its biggest one-day skid of 443 points on Jan. 17. Shares of EXM plunged an additional $4.53 or 11.10% to $36.28 on Thursday after falling more than 6% the day before.

* MBIA said Wednesday that it won't funnel $900 million into its bond-insurance unit because the subsidiary has enough money to pay future claims, and the company wants to use the capital to pursue other opportunities. Shares of MBI rose 46 cents or 9.48% to $5.31 on Thursday.

* Lehman Brothers ousted CFO Erin Callan on Thursday as part of a top-level management shake-up three days after it warned of a big second-quarter loss. Lehman replaced Callan, who spent just five months on the job, with Ian Lowitt, who oversaw Callan's day-to-day responsibilities in most recent role as co-chief administrative officer. It also replaced President and Chief Operating Officer Joseph Gregory with Herbert "Bart" McDade III. McDade was in charge of Lehman's equities division and also has a background in fixed-income and corporate bonds. Shares of LEH lost an additional $1.05 or 4.42% to $22.70 on Thursday, putting the stock down almost 33% this week.

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

posted by LOCATESTOCK @ 11:05 AM 0 Comments Links to this post

Thursday, June 12, 2008

LocateStock.com Daily High Five For Thursday June 12, 2008

Jersey City, NJ – June 12, 2008

The LocateStock.com HIGH FIVE for Thursday, June 12^th are:

5 – Diana Shipping – NYSE:DSX

4 – Excel Maritime Carriers – NYSE:EXM

3 – American Superconductor Corporation – NASDAQ:AMSC

2 – Boardwalk Pipeline Partners – NYSE:BWP

1 – Lehman Brothers – NYSE:LEH

* Shares of Diana Shipping dropped 5.27% on surging oil prices Wednesday. The stock gave up $1.68 to $30.17.

* Excel Maritime announced Wednesday that its Annual Report on Form 20-F for the fiscal year ended December 31, 2007 with the Securities and Exchange Commission, as amended, may be accessed through the Excel Maritime Carriers website www.excelmaritime.com at the investor relations section under Financial Reports. Shares of EXM came off $2.65 or 6.10% to $40.81 on Wednesday.

* On Wednesday short interest was up more than 22 percent in shares of American Superconductor. The energy technology company posted a narrower-than-expected quarterly loss last month and analysts have been mixed on the company as Raymond James raised its investment rating on the stock, while Jefferies cut its rating, last month. The company said on Tuesday it had received a major Chinese follow-on order worth $450 million. About 12.3 million of the company's shares were held short, or about 29 percent of its total shares outstanding. AMSC rose an additional 81 cents or 1.88% to $43.92 on Wednesday after rocketing almost 20% the day before.

Boardwalk Pipeline Partners, LP, (NYSE:BWP) through its subsidiaries, engages in the interstate transportation and storage of natural gas in the United States. The company owns and operates 2 natural gas pipeline systems to transport and store natural gas for local distribution companies, municipalities, interstate and intrastate pipelines, direct industrial users, electric power generation plants, marketers, and producers.

* Boardwalk Pipeline Partners said on Tuesday that it priced an offering of 10 million common units at a price of $25.30 per unit. Boardwalk will receive net proceeds of about $248.5 million from the offering. It plans to use the proceeds to fund the cost of expansion projects. Underwriters have the option to purchase up to 1.5 million additional common units. The offering is expected to close Monday. On Wednesday, shares of BWP traded down 30 cents or 1.19% to $25.00.

* Lehman Brothers continued its slide for a third day this week after Merrill Lynch downgraded its rating on Lehman to "neutral" from "buy" on Wednesday just one day after affirming the buy rating and one week after upgrading the stock. This week Lehman said they would need to writedown a near $3 billion in the second quarter. The stock fell an additional $3.75 or 13.64% to $23.75, bringing the stock down 30% this week on top of last week's 12.3% loss.

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

posted by LOCATESTOCK @ 10:44 AM 0 Comments Links to this post

Wednesday, June 11, 2008

LocateStock.com Daily High Five For Wednesday June 11, 2008

Jersey City, NJ – June 11, 2008

The LocateStock.com HIGH FIVE for Wednesday, June 11^th are:

5 – American Superconductor Corporation – NASDAQ:AMSC

4 – International Coal Group – NYSE:ICO

3 – MBIA – NYSE:MBI

2 – Ambac Financial – NYSE:ABK

1 – Lehman Brothers – NYSE:LEH

* American Superconductor has received a $450 million order to supply electrical components for wind turbines in China. The Devens-based firm said Tuesday the order from Beijing-based Sinovel Wind calls for shipments to begin in January and run through 2011. Shares of AMSC rocketed $7.03 or 19.48% to $43.11 on the news.

* Shares of International Coal rose to a new high on Monday, up $0.40 from Friday's close. With the advance, the stock broke over resistance and reached its highest level in over two years. However shares of ICO lost 35 cents or 3.25% to $10.43 on Tuesday.

* On Tuesday, the value manager Third Avenue added to its stake in bond insurer MBIA, boosting the stock 2.45%. The news follows the recent key rating cut by S&P and warning from Moody's Investor Service. Shares of MBI gained 12 cents to $5.01.

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.

* On Monday Standard & Poor's Ratings Services said it cut the ratings on 799 classes of asset-backed securities backed by Ambac Financial following its downgrade of the bond insurers' key triple-A ratings last week. Shares of ABK lost 24 cents or 11.37% to $1.87 on Tuesday.