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 Daily High 5 Blog

5 – Credit Suisse 7.9% Tiers 1 Capital Notes – NYSE:CRP

4 – Genworth Financial – NYSE:GNW

3 – American International Group – NYSE:AIG

2 – Citigroup – NYSE:C

1 – Bank of America – NYSE:BAC

* Credit Suisse 7.9% Tiers 1 Capital Notes is the first stock on the HIGH 5 this Wednesday. Shares of CRP rose 1 percent to $25.24 in its debut yesterday.

* Genworth Financial announced yesterday that it will host a conference for analysts and investors on Tuesday, December 15, 2009 from 8:30 a.m. to 2:30 p.m. Shares of GNW fell 2.1 percent to $11.02 on the news.

* Bloomberg reported yesterday that some executives at AIG could be exempt from a $500,000 salary cap proposed by U.S. pay czar Kenneth Feinberg. Shares of AIG closed down .60 percent to $30 on the news.

* The AP reported yesterday that Citigroup is seeking to repay billions in federal bailout aid but so far hasn't received permission from the government. The bank's shares dropped 3 percent to $3.91 on the news.

* Bank of America's board met Tuesday to discuss potential replacements for CEO Ken Lewis who has said he plans to leave by the end of the year. No announcement had been made by market close. Shares of BAC plunged 3 percent to $15.41 on the news.

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LocateStock is the premiere 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. 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. 

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.

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to UBA TV at www.ubatv.com.

CONTACT:     pressrelease@locatestock.com / 212-425-6000

SOURCE:        Locate Stock, LLC

Dec9

Written by: Daily High 5 Blogger
12/9/2009 9:28 AM 

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