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The stock market started its uptrend run on Octber4th 2011, and the broader market is up over 11% in the last 10 trading days. Stookle.com algorithms detected the following stocks with downward momentum in the last 5 trading days. These securities lost 9 to 20% from Oct 11 to 17th.

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Media General Inc. (NYSE:MEG): Media General, Inc. is a communications company. MEG provides local news and information over various media platforms primarily in small- and mid-size communities in the United States. It owns 3 metropolitan and 20 community newspapers and 18 network-affiliated broadcast television stations. The Firm has a Return on Assets (ROA) of -1.87% and a Return on Equity (ROE) of -12.71%. The Company is expected to earn $0.02 per share next quarter and $-2.32 per share this year. MEG is currently trading at $1.29, falling $4.71 or 78.5% this year.

China Cord Blood Corp (NYSE:CO): China Cord Blood Corporation and its subsidiaries engage in the provision of umbilical cord blood storage and ancillary services in its cord blood banks in the Peoples Republic of China. The Company is expected to earn $0.06 per share next quarter and $0.25 per share this year. The stock is trading at 10.60 times current earnings multiple. CO is currently trading at $2.64, falling $1.16 or 30.5% this year.

New York & Co (NYSE:NWY): New York & Company, Inc. and its subsidiaries operate as a specialty retailer of women's fashion apparel in the United States. NWY offers a range of wear-to-work, and casual apparel and accessories. The Firm is expected to earn $0.14 per share next quarter and $-0.33 per share this year. NWY is currently trading at $2.92, falling $1.56 or 34.8% this year.

Imation Corp (NYSE:IMN): Imation Corp. and its subsidiaries provide data storage and security products, and electronics and accessories. Its products include recordable optical media, magnetic tape media, flash products and consumer electronic products and accessories. IMN has a ROA of -12% and a ROE of -18.55%. The Stock is expected to earn $-0.06 per share next quarter and $-0.33 per share this year. IMN is currently trading at $7.03, falling $3.69 or 34.4% this year.

Disclaimer: Algorithm Cabinet LLC and/or STOOKLE, is not a registered investment advisor and does not provide investment advice. The information contained in this website/blog is for general information purposes only.

Source: 10 Stocks With Negative Momentum