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Jersey City, NJ – April 29, 2008

The LocateStock HIGH FIVE for Tuesday, April 29th are:

5 – Circuit City – NYSE:CC

4 – Giant Interactive Group – NYSE:GA

3 – Lehman Brothers – NYSE:LEH

2 – IHOP – NYSE:IHP

1 – BlackRock Corporate High Yield Fund – NYSE:COY

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. It sells brand-name consumer electronics, personal computers, entertainment software, and related services in Circuit City stores in the United States and via Web sites, www.circuitcity.com and www.firedog.com.

* A major shareholder in Circuit City Stores on Monday encouraged the electronics retailer to move forward with a proposed buyout offer from Blockbuster. Hedge fund HBK Investments, which also holds a stake in movie-rental company Blockbuster, disclosed in a filing with the U.S. Securities and Exchange...

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Jersey City, NJ – April 28, 2008

The LocateStock HIGH FIVE for Monday, April 28th are:

5 – Progenics Pharmaceuticals – NASDAQ:PGNX

4 – YRC Worldwide – NASDAQ:YRCW

3 – Circuit City – NYSE:CC

2 – Sirius Satellite Radio – NASDAQ:SIRI

1 – Lehman Brothers – NYSE:LEH

Progenics Pharmaceuticals, Inc., (NASDAQ:PGNX) a biopharmaceutical company, engages in the development and commercialization of therapeutic products for the treatment of unmet medical needs of patients with debilitating conditions and life-threatening diseases in the United States. It primarily focuses on the areas of gastroenterology, virology, and oncology.

* Federal regulators have approved the first drug meant to relieve constipation caused by narcotic painkillers, the drug's makers said Friday. The Food and Drug Administration approval of Relistor -- made by drugmaker Wyeth and partner Progenics Pharmaceuticals -- could provide relief for a common problem for patients dying of cancer and other...

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Jersey City, NJ – April 25, 2008

The LocateStock HIGH FIVE for Friday, April 25th are:

5 – Circuit City – NYSE:CC

4 – DryShips – NASDAQ:DRYS

3 – Sirius Satellite Radio – NASDAQ:SIRI

2 – MBIA – NYSE:MBI

1 – Lehman Brothers – NYSE:LEH

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. It sells brand-name consumer electronics, personal computers, entertainment software, and related services in Circuit City stores in the United States and via Web sites, www.circuitcity.com and www.firedog.com.

* Circuit City Stores issued the following statement in response to a letter received yesterday from Wattles Capital Management, LLC: As noted in a press release dated April 14, 2008, Circuit City indicated that Blockbuster has not provided answers to a number of basic questions regarding its ability to finance its proposal....

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Jersey City, NJ – April 24, 2008

The LocateStock HIGH FIVE for Thursday, April 24th are:

5 – Circuit City – NYSE:CC

4 – DryShips – NASDAQ:DRYS

3 – Lehman Brothers – NYSE:LEH

2 – Ambac – NYSE:ABK

1 – MBIA – NYSE:MBI

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. It sells brand-name consumer electronics, personal computers, entertainment software, and related services in Circuit City stores in the United States and via Web sites, www.circuitcity.com and www.firedog.com.

* An activist shareholder on Wednesday urged Circuit City Stores Inc. to allow Blockbuster Inc. to examine its finances and start good-faith negotiations on the movie-rental chain's bid for the struggling electronics retailer. Wattles Capital Management, which owns about 6.5% of Circuit City's stock, said in a letter to Circuit City that the...

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Jersey City, NJ – April 23, 2008

The LocateStock HIGH FIVE for Wednesday, April 23rd are:

5 – Excel Maritime Carriers – NYSE:EXM

4 – Netflix – NASDAQ:NFLX

3 – VMware – NYSE:VMW

2 – Circuit City – NYSE:CC

1 – Lehman Brothers – NYSE:LEH

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 Excel Maritime Carriers soared Wednesday, as investors jumped on board following the closing of the drybulk shipper's $1.9 billion acquisition of Quintana Maritime. Under the deal's terms, Quintana shareholders will receive $13 in cash and just over four-tenths an Excel share for each...

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Jersey City, NJ – April 22, 2008

The LocateStock HIGH FIVE for Tuesday, April 22nd are:

5 – Doral Financial – NYSE:DRL

4 – Colonial Bancgroup – NYSE:CNB

3 – BlackRock Corporate High Yield Fund – NYSE:COY

2 – IHOP Corp. – NYSE:IHP

1 – Lehman Brothers – NYSE:LEH

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.

* Last Thursday the FBI said its probe of potential fraud in the U.S. home mortgage industry now encompasses 19 companies, up from 17 a month ago. The bureau has publicly acknowledged only one company as involved -- Doral Financial. However, director Robert Mueller declined to name any additional companies targeted in the probe. Shares of DRL lost 39 cents or 2.13% to $17.93 on Monday.

The Colonial BancGroup, Inc. (NYSE:CNB) operates...

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Jersey City, NJ – April 21, 2008

The LocateStock HIGH FIVE for Monday, April 21st are:

5 – Sirius Satellite Radio – NASDAQ:SIRI

4 – Overstock.com – NASDAQ:OSTK

3 – The Talbots – NYSE:TLB

2 – Circuit City – NYSE:CC

1 – Lehman Brothers – NYSE:LEH

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.

* A senior Democratic senator urged U.S. communications regulators on Friday to block Sirius Satellite Radio's purchase of rival XM Satellite Radio, saying the deal would lead to higher prices to customers. Shares of SIRI rose 6 cents or 2.48% to $2.48 on Friday.

Overstock.com, Inc. (NASDAQ:OSTK) operates as an online closeout retailer that offers discount brand-name merchandise....

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Jersey City, NJ – April 18, 2008

The LocateStock HIGH FIVE for Friday, April 18th are:

5 – Circuit City – NYSE:CC

4 – Allied Capital Corporation – NYSE:ALD

3 – SunPower Corporation – NASDAQ:SPWR

2 – Cheniere Energy – AMEX:LNG

1 – Lehman Brothers – NYSE:LEH

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. It sells brand-name consumer electronics, personal computers, entertainment software, and related services in Circuit City stores in the United States and via Web sites, www.circuitcity.com and www.firedog.com.

* Circuit City announced Wednesday that its launched a new Web resource to help consumers adopt "green" strategies. The new online tools can be found at www.circuitcity.com/green and make it easy for consumers to research and shop for products that...

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Jersey City, NJ – April 17, 2008

The LocateStock HIGH FIVE for Thursday, April 17th are:

5 – Circuit City – NYSE:CC

4 – The Talbots – NYSE:TLB

3 – Pozen– NASDAQ:POZN

2 – Lehman Brothers – NYSE:LEH

1 – Cheniere Energy – AMEX:LNG

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. It sells brand-name consumer electronics, personal computers, entertainment software, and related services in Circuit City stores in the United States and via Web sites, www.circuitcity.com and www.firedog.com.

* Shares of Circuit City Stores faltered Wednesday as an analyst from Jefferies said a buyout by Blockbuster is unlikely, due to investors' concerns about the value of such a deal. Movie rental company Blockbuster made a more than $1 billion bid for Circuit City on Monday, which is larger than the video rental company's entire...

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Jersey City, NJ – April 16, 2008

The LocateStock HIGH FIVE for Wednesday, April 16th are:

5 – MACROshares Oil Down Tradeable Shares – AMEX:DCR

4 – Circuit City – NYSE:CC

3 – Crocs – NASDAQ:CROX

2 – Lehman Brothers – NYSE:LEH

1 – Bear Stearns – NYSE:BSC

MACROshares Oil Down Tradeable Shares (AMEX:DCR) the investment seeks to track the negative price movement, before fees and expenses, of West Texas Intermediate crude oil. The trust tracks the settlement price of crude oil futures contracts of a designated maturity. It is nondiversified.

* As crude oil pushes $114, the whole world seems to be betting, and praying, that it must come down. Trading volume in the Macroshares Oil Down (DCR), a security that rallies if oil falls, has surged to more than 10 times that of Macroshares Oil Up (UCR), which rises with oil. Shares of DCR plunged $1.40 or 25.23% to $41.5 on Tuesday.

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer...

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Jersey City, NJ – April 15, 2008

The LocateStock HIGH FIVE for Tuesday, April 15th are:

5 – IHOP Corp. – NYSE:IHP

4 – Sirius Satellite Radio – NASDAQ:SIRI

3 – BlackRock Corporate High Yield Fund – NYSE:COY

2 – Lehman Brothers – NYSE:LEH

1 – Circuit City – NYSE:CC

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.

* Shares of pancake-house operator IHOP rose last Friday after the company, which also owns the Applebee's casual-dining chain, reported its same-store sales rose at both chains in the first quarter. After market close on Thursday, the company said its same-store sales, or sales at locations open at least a year, rose 3.7 percent at its namesake chain and edged up 0.5 percent at Applebee's. Shares of IHP lost $1.78 or 3.52% to $48.77 on Monday.

Sirius Satellite...

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Jersey City, NJ – April 14, 2008

The LocateStock HIGH FIVE for Monday, April 14th are:

5 – Visa Inc. – NYSE:V

4 – Valence Technology – NASDAQ:VLNC

3 – BlackRock Corporate High Yield Fund – NYSE:COY

2 – Circuit City – NYSE:CC

1 – Lehman Brothers – NYSE:LEH

Visa, Inc., (NYSE:V) through its subsidiaries, operates retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities in approximately 170 countries and territories.

* On Friday, analysts at Stifel Nicolaus & Company initiated coverage of Visa with a "buy" rating. The target price was set to $77. Shares of Visa were thinly traded to close the day at $66.11.

Valence Technology, Inc., (NASDAQ:VLNC) together with its subsidiaries, engages in the commercialization of phosphate-based lithium-ion rechargeable battery technology, known as Saphion. The company offers...

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Jersey City, NJ – April 14, 2008

The LocateStock HIGH FIVE for Monday, April 14th are:

5 – Irwin Financial – NYSE:IFC

4 – Sirius Satellite Radio – NASDAQ:SIRI

3 – Washington Mutual – NYSE:WM

2 – First Marblehead – NYSE:FMD

1 – Lehman Brothers – NYSE:LEH

Irwin Financial Corporation (NYSE:IFC) operates as the bank holding company of Irwin Union Bank and Trust Company and Irwin Union Bank, F.S.B., which provide various financial products and services in the United States and Canada. The company operates in three segments: Commercial Banking, Commercial Finance, and Home Equity Lending.

* Irwin Financial said last Friday that the bank lost more money than it thought in the fourth quarter because more home-equity loan borrowers are missing payments on their loans. Irwin Financial, which initially reported a loss of $16.4 million for the fourth quarter, on Friday revised the loss to $26 million. Shares of IFC plummeted 70 cents or 14.08% to $4.27 and hit a new...

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Jersey City, NJ – April 10, 2008

The LocateStock HIGH FIVE for Thursday, April 10th are:

5 – BHP Billiton – NYSE:BHP

4 – ManKind Corp. – NASDAQ:MNKD

3 – Circuit City – NYSE:CC

2 – Valence Technologies – NASDAQ:VLNC

1 – Lehman Brothers – NYSE:LEH

BHP Billiton Limited, (NYSE:BHP) together with its subsidiaries, operates as a diversified natural resources company. The company operates 10 customer sector groups (CSGs), aligned with the commodities that the company extracts and markets, which includes Aluminum, Base Metals, Uranium, Diamonds and Specialty Products, Energy Coal, Iron Ore, Manganese, Metallurgical Coal, Petroleum, and Stainless Steel Materials.

* BHP said Wednesday that 2008 prices for coking coal products are expected to increase by between 206% to 240% over last year. Terms for a significant portion of annually-priced metallurgical coking coal contracts relating to the BHP Billiton Mitsubishi Alliance operations in Queensland have been concluded...

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Jersey City, NJ – April 9, 2008

The LocateStock HIGH FIVE for Wednesday, April 9th are:

5 – Washington Mutual – NYSE:WM

4 – Lehman Brothers – NYSE:LEH

3 – BHP Billiton – NYSE:BHP

2 – EMCORE Corp. – NASDAQ:EMKR

1 – First Marblehead – NYSE:FMD

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

* WaMu plans to close its freestanding home loan offices, get out of the wholesale lending business, and shed 3,000 jobs, and will raise $7 billion from private equity group TPG. WaMu will close its approximately 186 freestanding home loan offices and get out of the wholesale lending business by the end of the second quarter. The Wall Street Journal reported that the company told 3,000 employees on Monday that their jobs will be eliminated. The Seattle thrift...

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Jersey City, NJ – April 8, 2008

The LocateStock HIGH FIVE for Tuesday, April 8th are:

5 – IHOP – NYSE:IHP

4 – Sirius Satellite Radio – NASDAQ:SIRI

3 – Lehman Brothers – NYSE:LEH

2 – Washington Mutual – NYSE:WM

1 – EMCORE Corp. – NASDAQ:EMKR

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.

* IHOP on Monday announced that its Board of Directors declared a quarterly cash dividend of $0.25 per common share payable May 20, 2008 to shareholders of record as of May 1, 2008. Shares of IHP rose $1.93 or 4.20% to $47.93 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;...

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Jersey City, NJ – April 7, 2008

The LocateStock HIGH FIVE for Monday, April 7th are:

5 – American Capital Strategies – NASDAQ:ACAS

4 – Circuit City – NYSE:CC

3 – MBIA Inc. – NYSE:MBI

2 – Basin Water – NASDAQ:BWTR

1 – Lehman Brothers – NYSE:LEH

American Capital Strategies, Ltd. (NASDAQ:ACAS) is a principal investment firm specializing in management and employee buyouts, acquisitions, add-on acquisitions, securitizations, special situations, and growth capital investments in middle market companies. The firm also invests in early stage private and public companies.

* A Jefferies & Co. analyst cut his rating on American Capital Strategies last Tuesday, saying the investment firm is unlikely to generate the same kind of returns it has in the past. The stock was downgraded to "Underperform" from "Hold." Shares of ACAS fell 50 cents or 1.42% to 34.61 on Friday.

Circuit City Stores, Inc. (NYSE:CC) operates as a specialty retailer of consumer electronics,...

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Jersey City, NJ – April 4, 2008

The LocateStock HIGH FIVE for Friday, April 4th are:

5 – SunPower Corporation – NASDAQ:SPWR

4 – Sify Technologies Limited – NASDQ:SIFY

3 – MF Global – NYSE:MF

2 – EMCORE Corp. – NASDAQ:EMKR

1 – Lehman Brothers – NYSE:LEH

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.

* SunPower will announce its first-quarter earnings in a conference call on Thursday, April 17th at 10:30 a.m. Pacific Time. The call-in number is 517-623-4618, passcode SunPower, for interested parties wanting to participate in the quarterly conference call. Additionally, SunPower will host its Annual Stockholders' Meeting on Thursday, May 8th at 12:00 noon...

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Jersey City, NJ – April 3, 2008

The LocateStock HIGH FIVE for Thursday, April 3rd are:

5 – Yingli Green Energy – NYSE:YGE

4 – Circuit City Stores – NYSE:CC

3 – Crocs – NASDAQ:CROX

2 – CarMax – NYSE:KMX

1 – Lehman Brothers – NYSE:LEH

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.

* On Tuesday Yingli Green said a solar-power project in Spain has been completed using its modules. Yingli provided modules with 9.5 megawatts of annual generating capacity for the Installation Solar Villar De Canas 2 project in Cuenca, Spain. The Chinese solar product maker was the sole supplier for the project,...

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Jersey City, NJ – April 2, 2008

The LocateStock HIGH FIVE for Wednesday, April 2nd are:

5 – Sirius Satellite Radio – NASDAQ:SIRI

4 – Circuit City Stores – NYSE:CC

3 – Lee Enterprises – NYSE:LEE

2 – Basin Water – NASDAQ:BWTR

1 – Lehman Brothers – NYSE:LEH

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.

* The long merger approval process between Sirius and XM is about to get even longer as they wait for approval from the FCC just one week after getting clearance from the Justice Department. Attorney generals from 11 states are asking Federal Communications Commission Chairman Kevin Martin to impose conditions on Sirius’s proposed acquisition of XM. In the meantime, XM...

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Jersey City, NJ – April 1, 2008

The LocateStock HIGH FIVE for Tuesday, April 1st are:

5 – PC Mall – NASDAQ:MALL

4 – Basin Water – NASDAQ:BWTR

3 – Ballad Power Systems – NASDAQ:BLDP

2 – Sirius Satellite Radio – NASDAQ:SIRI

1 – Lehman Brothers – NYSE:LEH

PC Mall, Inc. (NASDAQ:MALL) operates as a rapid response direct marketer of computer hardware, software, peripherals, electronics, and other consumer products and services. Its product portfolio comprises notebooks, desktops and servers, software, home electronics, printers and related supplies, storage and related supplies, displays, network and telecommunications, accessories, memory, and input devices.

* PC Mall returns to the LocateStock HIGH FIVE list up 6 cents or .57% to $10.63 on Monday, 3/31. The stock is on short seller’s radar screens after falling 25% last week.

Basin Water, Inc. (NASDAQ:BWTR) engages in the design, building, and implementation of systems for the treatment of contaminated...

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Jersey City, NJ – March 31, 2008

The LocateStock HIGH FIVE for Monday, March 31st are:

5 – Sify Technologies Limited – NASDAQ:SIFY

4 – Sirius Satellite Radio – NASDAQ:SIRI

3 – Circuit City Stores – NYSE:CC

2 – Basin Water – NASDAQ:BWTR

1 – Lehman Brothers – NYSE:LEH

Sify Technologies Limited (NASDAQ:SIFY) provides Internet, network, and electronic commerce services in India. The company's corporate network/data services comprise various Internet protocol-based virtual private network offerings, including intranets, extranets, and remote access applications; and security solutions, such as security design, audit, procurement, and integration.

* Sify’s stock closed up 19 cents or 4.48% to $4.43 on Friday on no news. There has been no news released by the company since late February.

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...

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Author:Daily High 5 BloggerCreated:10/22/2009 8:45 AM
The daily HIGH 5 stocks are determined by LocateStock'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. The HIGH 5 is a daily financial news show on Uba TV that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.