Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Stockdiagnostic Upgrades And Downgrades Hit 52 Week Highs And Lows

|Includes: AKRX, BB, ELON, First Solar, Inc. (FSLR), KHC, LNCE, NOK, SCMR

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