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 Daily High 5 Blog

5 – Avis Budget Group – NYSE:CAR

4 – Principal Financial Group – NYSE:PFG

3 – Sprint Nextel – NYSE:S

2 – Genworth Financial – NYSE:GNW

1 – Citigroup – NYSE:C

* Avis Budget Group is the first stock on the HIGH 5 this Tuesday after shedding 1.7 percent to $13.27 on Monday.

* Principal Financial Group is back on the HIGH 5 for the second day in a row after short sellers knocked the stock down 1.9 percent to less than $25 on the NYSE yesterday.

* Shares of Sprint Nextel were pushed lower yesterday to close down 2.2 percent to $3.65 on the NYSE.

* In a largely expected move, S&P lowered its ratings on several mortgage insurance groups last week, including Genworth Financial. Shares of GNW inched up .10 percent to $11.91 on Monday.

* Citigroup is the top stock on the HIGH 5 Tuesday after a Sandler O'Neil analyst said on Fast Money that "significant upside remains in Citi." Shares of C rose 1.2 percent to $3.39 on the NYSE.

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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

Dec29

Written by: Daily High 5 Blogger
12/29/2009 8:56 AM 

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