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These 5 stocks saw severe selling pressure on Thursday despite the stock market rallying over 1%.

Lumber Liquidators (NYSE:LL) tumbled 29% after the company released disappointing Q2 guidance. The company said net sales in Q2 are expected to increase approximately 4.0% year-over-year (y/y) to $175.5 million vs. analysts' forecast of $187 million. At comparable stores, net sales are expected to decrease approximately 8.0% for the quarter, in comparison with an increase of 5.5% a year ago. Net sales at non-comparable stores are expected to increase $20.1 million over the prior year period as the Company opened 11 new stores during the second quarter, and has opened 27 new stores in the first half of 2011. The company added that it now anticipates Q2 EPS will be in the range of $0.18 to $0.20 vs. analyst forecast of $0.31, and compared with EPS of $0.32 a year ago. In addition to the weaker-than-expected net sales, gross margin during the quarter was adversely impacted by greater promotional sales and higher transportation costs. Further, certain expenses as a percentage of net sales were higher than anticipated.

The company added that the results were weaker because value-conscious consumers became more price sensitive and cautious in their discretionary spending. The pressures challenging large-ticket purchasing decisions may continue to be volatile into the second half of the year, potentially resulting in continued consumer caution. However, certain internal demand indicators such as catalog and sample requests remain positive in comparison to 2010.

Affymetrix (NASDAQ:AFFX) tumbled nearly 18% following disappointing 2Q guidance. The company reported that based on preliminary financial data, it expects revenue for 2Q to be in the range of $64-$65 million. Analysts were estimating revenue of just over $74 million. The company expects product revenue for Q2 to be approximately $58-59 million, including consumable sales of approximately $55 million and instrument sales of approximately $3.5 million. Service revenue is expected to be about $5 million and license and royalty revenue are expected to be about $1 million. The company added that it experienced decreased sales to academic customers across all regions, particularly in North America and that its consumable revenue was down by about 10% from last year.

Lentuo International (NYSE:LAS) fell 7% after the company said that its CFO resigned. Lentuo announced the resignation of its chief financial officer, Ping Yu, for personal reasons, effective July 7, 2011. Lentuo is currently seeking a suitable candidate to serve as the Company's CFO following Ms. Yu's departure. Ms. Jiangyu Luo, Lentuo's financial controller, will serve as Acting CFO effective July 8, 2011, until the appointment of a new CFO is finalized.

Lender Processing Services (NYSE:LPS) fell 4% after the company’s CEO resigned due to health issues. The company said that Jeffrey Carbiener is stepping down from his positions as chief executive officer, president and director of the company for significant health-related reasons, effective immediately. LPS' board of directors has established a committee to search for a replacement. In the interim, Lee Kennedy, the executive chairman of the board of LPS and the former chief executive officer of LPS' prior parent company, Fidelity National Information Services (NYSE:FIS), will serve in the additional roles of president and chief executive officer.

Quepasa (QPSA) closed 4% lower after announcing game and website metrics. The company announced that its first proprietary social gaming title had achieved over two million installs. Cidade Maravilhosa, or "Wonderful City - Rio," is a city-building game that is localized for Latin American audiences, inviting users to build their own Rio de Janeiro.

In light of Cidade Maravilhosa's success, Quepasa also announced plans to initiate a shift in the user acquisition strategy for Quepasa.com so as to better align the social network's growth with the company's momentum in gaming and broader emphasis on retention and monetization. Specifically, the company seeks to leverage a broader set of acquisition channels that target users with the highest propensity to engage in games, contests and other experiences tied to the monetization of Quepasa.com.

For the month of June, key retention metrics for Quepasa.com continued to show strong improvement, despite a reduction in other metrics due to an interruption in email delivery. On average, return visitors viewed 33.2 pages and spent 18.8 minutes on-site, representing 11% and 42% m/m increases, respectively. Quepasa.com's user base grew to a total of 38.2 million, adding over 680,000 new users in June. Pageviews totaled over 107MM and monthly unique visitors were approximately 8.1MM for the period.

Source: 5 Stocks That Posted Losses on Thursday