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Thomas Renna
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Founder of EquitiesResearch.com Tom Renna began his professional career on Wall Street 25 years ago after graduating Rutgers University. In 2005 Tom founded Equities Research LLC, a small boutique investment research firm where he provides market research analysis and consulting services to both... More
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  • Negative Operational Cash Flow Was The Red Flag 0 comments
    Mar 30, 2012 10:03 AM | about stocks: FSLR, BBRY
    originally posted this morning at EquitiesResearch

    March 30,2012
    Research In Motion (NASDAQ:RIMM) closed yesterday @ $13.73. Stockdiagnostics downgraded RIMM @ $21.68 on September 26,2011 after the company reported FY2012 2nd quarter financials for the period ending August 31,2011. Since the downgrade 6 months ago, shares have declined 36% vs. the S&P500 index which has gained 20%.
    click to RIMM Stockdiagnostics OPS chart

    First Solar, Inc. (NASDAQ:FSLR) traded at an all time low yesterday before closing the session @ $25.12. Stockdiagnostics downgraded FSLR @ $128.51 on May 10,2011 after the company reported 1st quarter financials for the period ending March 31,2012. In less than 11 months since the downgrade, shares have fallen $103, an 80% decline.
    click to FSLR Stockdiagnostics OPS chart

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: Stockdiagnostics Stocks: FSLR, BBRY
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