For more than a year, we've been chronicling companies that appear to be on their deathbeds. As we note, not every company will give up the ghost. But since that original column, quite a few have either disappeared entirely or seen huge drops in their share prices: Fannie Mae, Merrill Lynch, Lehman Brothers, Bear Stearns, Washington Mutual, and XM Satellite Radio, to name just a few.
We check for stocks that have drawn the lowest one-star rating from the 140,000-plus savvy investors in our Motley Fool CAPScommunity. Then we pair that information with various financial ratios, which flash like a neon sign if the end is near.
Now that a third of those original companies have gone under or otherwise vanished, lets take a look at some of those stocks we deemed to be on their deathbeds:
Stock
Price at First Appearance
Price Today
% Chg
Hawaiian Holdings
$4.19
$6.82
62.77%
MGIC Investment (NYSE: MTG)
$2.24
$4.28
91.07%
Regency Centers (NYSE: REG)
$35.75
$33.15
(7.27%)
Ryder System (NYSE: R)
$34.90
$42.31
21.23%
Vonage (NYSE: VG)
$1.14
$1.35
18.42%
Pulte Homes (NYSE: PHM)
$11.70
$9.66
(17.44%)
Dolan Media
$6.59
$12.78
93.93% Continued...
Rich Duprey is a writer specializing in the stock market.
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