originally posted this morning at EquitiesResearch
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.