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 Daily High 5 Blog

5 – Arcelor Mittal – NYSE:MT

4 – Genworth Financial – NYSE:GNW

3 – MBIA – NYSE:MBI

2 – Echelon Corporation – NASDAQ:ELON

1 – Citigroup – NYSE:C

* Arcelor Mittal on Tuesday, said that a subsidiary privately placed a $750 million bond with a Luxembourg affiliate of Calyon, an investment-banking subsidiary of Credit Agricole. Shares of MT rose 2.4 percent to $46.77 on the news.

* Genworth Financial is back on the HIGH 5 for third straight day, after climbing .30 percent to $11.94 on the NYSE Tuesday.

* MBIA is back on the HIGH 5 after recently closing down 1 percent to $4.06 on the NASDAQ Tuesday.

* Echelon Corporation recently announced a collaboration with Green Energy Options to develop energy displays for Echelon's Networked Energy Services (NES) System. Shares of ELON fell 6 percent to $11.58 in its debut on the HIGH 5 Tuesday.

* A Bank of America analyst cut his fourth quarter earnings targets on a couple of banks yesterday but left Citigroup's unchanged at 36 cents a share. Shares of C fell .60 to $3.37 on the NYSE on the news Tuesday.

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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.

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Dec30

Written by: Daily High 5 Blogger
12/30/2009 9:43 AM 

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