5 of Last Week's Biggest Losers

There's never a shortage of losers in the stock market.

Let's take a closer look at five of this past week's biggest sinkers.

Company

Sep. 30 Weekly Loss My Watchlist
Eastman Kodak (NYS: EK) $0.78 (67%) Add
Imperial Holdings (NYS: IFT) $2.40 (63%) Add
iSoftStone Holdings (NYS: ISS) $6.49 (34%) Add
Tudou (NAS: TUDO) $13.65 (25%) Add
Micron Technology (NAS: MU) $5.04 (24%) Add

Source: Barron's.

If a picture is worth a thousand words, is it also worth 11 chapters in bankruptcy court? Kodak got pounded on Friday on fears that it would be filing for bankruptcy. The photofinishing pioneer had tapped a credit line earlier in the week.

Imperial Holdings tanked after its office was raided by the FBI. Imperial deals in the secondary market for life insurance policies and structured legal settlements.

iSoftStone Holdings was one of the market's biggest winners three weeks ago, but the Chinese provider of IT took its lumps this time around. There was no material news out of iSoftStone specifically, though investors generally soured on Chinese equities after it was revealed that the Justice Department was starting to probe accounting fraud allegations in U.S.-listed Chinese companies.

Chinese video-sharing website Tudou took a hit after social networking speedster Renren (NYS: RENN) acquired Tudou rival 56.com. Renren's ownership should boost 56.com's exposure, threatening Tudou's market leadership position.

Finally, Micron Technology slipped after posting disappointing quarterly results. Weakness in the traditional desktop and laptop markets is crushing the chip behemoth. It posted a loss in its latest quarter, surprising analysts that were targeting a profit.

It was a rough week for these five stocks. Let's see if they bounce back.

At the time this article was published Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.

Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


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18 Comments

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bo122

I only see things getting worse before better. BAC around $5 a share give or take a dime. pittiful

October 03 2011 at 9:55 PM Report abuse rate up rate down Reply
alfredschrader

It's worse. The numbers are worse than 1929 - 1935. During that recession the US Treasury still had a AAA credit rating and it never dropped. The US Treasury credit rating just dropped now for the first time in history. This is the Great Depression. The markets are propped-up by bail outs. The way to solve this is the same way it was solved in the past. I could actually fix it. But, I'm not in office. Have a nice day....Al-

October 03 2011 at 8:30 PM Report abuse rate up rate down Reply
Dereck

Major Must-see News!

Here is a "Baltimore Sun" News Story about a the Chief Judge of the Maryland District Court "Dismissing" nearly 40,000 Debt Collection Cases after a Class Action Lawsuit proved the Debt Collection Company had no Licenses to Collect Debts in Maryland. The Law Firm representing the Debt Collection Company, Mann Bracken, LLP. was "Completely Dissolved" (Shutdown).

Maryland Judge (Chief Judge Ben C. Clyburn) dismisses hundreds of Maryland debt cases:
http://www.baltimoresun.com/news/maryland/bs-md-sunshine-financial-dismissals-20110921,0,4695658.story

This Case was due to the 21st Century Act: Final Amendments to Regulation CC (Rules and Regulations of the Federal Reserve System).
http://www.federalreserve.gov/boarddocs/press/bcreg/2004/20040726/attachment.pdf

Pages 85 and 86 state "Only Non-bank Consumers can receive Re-Credits and Re-Claims on Accounts in the Federal Reserve System".

Pages 100 and 101 state "In any Case of Financial Claims the Indemnifying Bank must be Identified", which will always be Bank of America.

Bank of America is the "Indemnifying Bank" of the entire Federal Banking System after the World Fortune Owner Appropriated, Garnished Bank of America for all future Earnings, Levied, and Consumed the entire Federal Banking System Worldwide under FirstGov by way of the F.D.I.C. Regulations "Prohibiting failing Banks from Merging with other failing Banks", this also "Nullified and Voided" all Contracts and Agreements thereunder Bank of America by Corporate Rules and Regulations, involving the entire Federal Banking System.

Do yourselves a favor, Organize and File a Solo or Class Action Suit and "Clean the Clocks of the Debt Collection Companies"!

October 03 2011 at 7:54 PM Report abuse rate up rate down Reply
Dereck

Major Must-see News!

Here is a "Baltimore Sun" News Story about a the Chief Judge of the Maryland District Court "Dismissing" nearly 40,000 Debt Collection Cases after a Class Action Lawsuit proved the Debt Collection Company had no Licenses to Collect Debts in Maryland. The Law Firm representing the Debt Collection Company, Mann Bracken, LLP. was "Completely Dissolved" (Shutdown).

Maryland Judge (Chief Judge Ben C. Clyburn) dismisses hundreds of Maryland debt cases:
http://www.baltimoresun.com/news/maryland/bs-md-sunshine-financial-dismissals-20110921,0,4695658.story

This Case was due to the 21st Century Act: Final Amendments to Regulation CC (Rules and Regulations of the Federal Reserve System).
http://www.federalreserve.gov/boarddocs/press/bcreg/2004/20040726/attachment.pdf

Pages 85 and 86 state "Only Non-bank Consumers can receive Re-Credits and Re-Claims on Accounts in the Federal Reserve System".

Pages 100 and 101 state "In any Case of Financial Claims the Indemnifying Bank must be Identified", which will always be Bank of America.

Bank of America is the "Indemnifying Bank" of the entire Federal Banking System after the World Fortune Owner Appropriated, Garnished Bank of America for all future Earnings, Levied, and Consumed the entire Federal Banking System Worldwide under FirstGov by way of the F.D.I.C. Regulations "Prohibiting failing Banks from Merging with other failing Banks", this also "Nullified and Voided" all Contracts and Agreements thereunder Bank of America by Corporate Rules and Regulations, involving the entire Federal Banking System.

Do yourselves a favor, Organize and File a Solo or Class Action Suit and "Clean the Clocks of the Debt Collection Companies"!

October 03 2011 at 7:53 PM Report abuse rate up rate down Reply
pli9gres

I JUST CLOSED OUT MY 401K AND TOOK THE 10% EARLY WITHDRAWAL PENALTY BUT IT WAS MUCH BETTER THAN WATCHING IT DISSAPPEAR BECAUSE OF WHAT OBAMA IS DOING TO OUR ECONOMY. i ALSO LIKE MANY OTHERS JUST CLOSED OUT MY BANK OF AMERICA ACCOUNTS AND TRANSFERRED MY MONEY TO A GOOD BANK. WE ARE ALREADY IN A DOUBLE DIP RECESSION AND QUICKLY HEADED FOR A DEPRESSION. WAKE UP AMERICA.

October 03 2011 at 7:30 PM Report abuse +2 rate up rate down Reply
shurtcircuit

Sell sell sell before your broker jumps you Wall Street thugs!

October 03 2011 at 5:48 PM Report abuse +1 rate up rate down Reply
rockmyl

Obama is destroying the American economy as its all part of the Great Muslim Plan, and he is a muslim at heart. Get ready for the great depression before he gets out of the whitehouse. The second recession is already here.

October 03 2011 at 4:41 PM Report abuse +4 rate up rate down Reply
1 reply to rockmyl's comment
shurtcircuit

the first recession was never over.

October 03 2011 at 5:46 PM Report abuse +2 rate up rate down Reply
mxerdrvr

Whats up with all the lesbians occupying wallstreet. Haven't those dumb bulldykes got anything better to do. The cops need to put their teargas , tazers and batons to use on them.

October 03 2011 at 3:53 PM Report abuse +4 rate up rate down Reply
BHarrison2

The Penney Markets are one of the biggest scams around.

October 03 2011 at 3:27 PM Report abuse +4 rate up rate down Reply
BHarrison2

Well, some, if not many, of the losers are due to market prices being manipulated (run up and down) by the market 'isniders". Even Jim Cramer acknowedged that has ALWAYS been a big part of market manipulations. And the insiders and their arbirtrage people work these manipulated ups and downs to garner their daily profits.

The stockmarket values have very little to do with the actual corporate vales of the companies. Too many american investors are suckers to buying and selling based on these manipulated fluctuations . . . it is a suckers game. whereby the insiders progressively and daily skim off profits. There is very little integrity or confidence in the unregulated markets or the financial industry. It is time to "cash out" and wait out the next recession. If you stay in the markets, you are bound to lose a significant value of your stock investments.

October 03 2011 at 3:27 PM Report abuse rate up rate down Reply