Search Blog

 Daily High 5 Blog

5 – Bank of the Carolinas – NASDAQ:BCAR

4 – Petroleo Brasileiro – NYSE:PBR

3 – Research In Motion Limited – NASDAQ:RIMM

2 – Citigroup – NYSE:C

1 – Las Vegas Sands – NYSE:LVS

* Bank of the Carolinas is the first stock on the HIGH 5 on Christmas Eve. Shares of BCAR added 1.4 percent to $4.97 yesterday.

* Brazil's state-controlled energy firm Petrobras bought a 40.4 percent stake in a mill that produces ethanol biofuel from sugar cane, the company said on Tuesday. Shares of PBR climbed 2.6 percent to $47.05 the following day on the NYSE.

* Research In Motion's Blackberry Internet service was disrupted from Tuesday night to Wednesday morning — the second failure in a less than a week. RIMM rose .6 percent to $67.61 on the Nasdaq yesterday.

* Citigroup on Wednesday repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions imposed on companies receiving the most rescue money. Shares of C fell 1.5 percent to $3.29 on the NYSE.

* Las Vegas Sands Chairman Sheldon Adelson said earlier this week that he expects to restart construction on the casino operator's delayed resort projects in Macau in about five months. Shares of LVS shot up 1.9 percent to $15.60 on Wednesday.

###

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

Dec29

Written by: Daily High 5 Blogger
12/29/2009 8:55 AM 

Tags:

Your name:
Your email:
(Optional) Email used only to show Gravatar.
Your website:
Title:
Comment:
Security Code
Enter the code shown above in the box below
Add Comment  Cancel