2015 produced some major portfolio poop. Wouldn’t you agree? How many stocks are down 50% YTD? 75%? 90%?
The amount of damage done to individual names has been staggering this year. One of the worst years in terms of breadth in a very long time.
I figured we could take a moment to pay homage to these companies, like they do on survivor to fallen cast members. A memory lane, if you will.
Here’s my Top Ten
ARCH COAL $ACI: (-93% YTD) I suspect the scramble to buy these stocks back in the summer was a carefully planned event, where smart bag holders averaged down for a dollar, then flipped the idea back on the unsuspecting public for as high as $10 per share. #RIP.
SUNEDISON $SUNE: (-86% YTD) A fast and furious fall from greatness, in yet another hedge fund hotel.
US STEEL $X: (-70% YTD) I could have chosen many names for this spot. Freeport, Century, etc. These are prices that have never been printed before for US Steel. #RIP.
3-D SYSTEMS $DDD: (-73%) A 3D printer in every home, and a hat for every ass. I won’t lie, I bought into it a few times.
VALEANT PHARMA $VRX: (-38%) No need to speak on this name, as I won’t be able to say anything that every trader and their dog hasn’t already spoken. #1 this year in terms of popularity, I assume.
BOFI HOLDING $BOFI: (+2% YTD) Why nominate this stock when it posted a gain this year? Simply because the stock was up 85% heading into October, then collapsed 50% in 2 short months. Of the top ten, this was my favorite rug pull this year.
CHEMOURS $CC: (-69%) I speculate that when this stock debuted this year, old shareholders of Circuit City sold this stock simply out of spite. Made my list solely for that reason.
SPIRIT AIRLINES $SAVE: (-51%) Airlines have held up reasonably well this year ($XAL flat YTD), minus this turd. I find the ticker symbol here ironic.
INSERT ENERGY RELATED TICKER HERE $____: Why pick on the poorest performer here? They all took a beating.
TWITTER $TWTR: (-30% YTD) Just because “it’s Twitter.”
Honorable mentions to $GPRO, $TERP, $ARO, $GMCR, $ICON, $FXCM and $EROS.
Who would you include on this list?
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almost any 3x etfs. lol
Companies.
How about VHC – down 45%, even after today’s 17% gain (as of now)
Ah, what a story for that stock.
Hospital stocks were fun $THC cut in half after trading $60 in mid July.
FUEL. IPO’d late 2013. Down 72% in 2014. Down 80% in 2015.
It actually made my list that I narrowed down. Good one.
NBG gave dumpster divers like me exactly what they deserve..
I think $WFM deserve at least an honorable mention. It’s supposed to be a quality hold.
wynn
M
Also any fast casual (LOCO, NDLS, etc.)
Micron – $MU: Value stock hell.
Lumber Liquidators – $LL: Made shitty floors pickled in formaldehyde.
Joy Global – $JOY: Farm equipment grim reaper.
Correction: Joy Global brings happiness to us all with their fine mining equipment.
Navistar – $NAV: Gets the nod for farm equipment.
+3
$USO – (36%)
$QCOM – (33%)
$WFM – (40%)
$WMT – (31%)
AMZN puts the knife in WMT this Xmas.
But AMZN needs to watch their bottom line, their profit margin is razor thin. But with a P/E 985 who cares, they are the new AAPL.
AMBA
KBIO (if you were short)
We can do a top ten for that category.
WLT
VRA KORS FOSL
TRUE
One of the four horseman of financial ruin, FEYE, deserves a mention.
Not sure how I forgot that one.
UWTI – 86.11%
And the decay will finish it off.
In other news YHOO puts itself up for sale but they walked away from MSFT so who’s going to touch it?
Agriculture stocks
GNK and all shippers