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Thomas Renna
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Founder of EquitiesResearch.com Since graduating Rutgers University (B.A.) in 1990, Tom has worked in the financial industry in various capacities. visit www.equitiesresearch.com "in this day and age of digital speed and lightning trading, Equities Research continues to use a CALENDAR to... More
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Equities Research
  • Stockdiagnostic Upgrades And Downgrades Hit 52 Week Highs And Lows  0 comments
    May 15, 2012 11:18 AM | about stocks: FSLR, SCMR, LNCE, HNZ, AKRX, ELON, NOK, BBRY

    originally posted this morning on my home page www.equitiesresearch.com

    May 15,2012
    Sycamore Networks Inc (NASDAQ: SCMR) closed yesterday at an all time (13 year) low @ $14.78. Stockdiagnostics downgraded SCMR @ $20.92 on March 8,2011 after the company reported FY2011 2nd quarter financials for the period ending January 31,2011. Since the downgrade 14 months ago shares have declined 29%.
    click to SCMR Stockdiagnostics OPS chart

    Lance, Inc. (NASDAQ: LNCE) closed yesterday a 52 week high @ $26.27. Stockdiagnostics upgraded LNCE @ $18.85 (dividend adjusted) on May 10,2011 after the company reported 1st quarter financials for the period ending March 31,2011.
    In 1 year since the upgrade shares have gained 39%.
    click to LNCE Stockdiagnostics OPS chart

    H.J.Heinz Company (NYSE:HNZ) traded near an all time (27 year) high yesterday before closing @ $54.92
    Stockdiagnostics upgraded HNZ @$35.19 (dividend adjusted) on August 25,2009 after the company reported 1st quarter financials for the period ending July 31,2009. This income stock has gained 56% in less than 3 years since the upgrade (or 17.5% annualized total return.)
    click to HNZ Stockdiagnostics OPS chart
    click to HNZ GFNN news story

    Research In Motion (NASDAQ:RIMM) traded near it's 8 year low on Monday and closed @ $11.80. 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 8 months ago, shares have declined 45% vs. the S&P500 index which has gained 15.08%.
    click to RIMM Stockdiagnostics OPS chart

    Nokia Corporation (NYSE: NOK) closed yesterday near a 5 year low @ $3.05. Stockdiagnostics downgraded NOK @ $8.17 on April 25,2011 after the company reported 1st quarter financials for the period ending March 31,2011.
    Since the downgrade 13 months ago shares are down 62%.
    click to NOK Stockdiagnostics OPS chart

    First Solar, Inc. (NASDAQ:FSLR) closed near an all time low this yesterday @ $16.16. Stockdiagnostics downgraded FSLR @ $128.51 on May 10,2011 after the company reported 1st quarter financials for the period ending March 31,2012. In 1 year since the downgrade, shares have declined 87%.
    click to FSLR Stockdiagnostics OPS chart

    Echelon Corporation (NASDAQ: ELON) traded yesterday at a 13 year low before closing @ $3.63. Stockdiagnostics downgraded ELON @ $8.64 on March 21,2011 after the company reported 4th quarter financials for the period ending December 31,2010. In 14 months since the downgrade shares are down 58%.
    click to ELON Stockdiagnostics OPS chart

    Akorn, Inc. (NASDAQ: AKRX) closed yesterday @ $12.95. Stockdiagnostics upgraded AKRX @ $2.60 on May 24,2010 after the company reported 1st quarter 2010 numbers ending March 31,2010. Since the May 2010 upgrade shares have advanced 398% in 2 years.

    http://www.equitiesresearch.com/docs/akrxchart.pdf

    click to AKRX GFNN news story

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