This blog is written by Robert H. Rex, Esq. who is a securities attorney and a passionate advocate for investors rights. With over 30 years of legal experience, 25 of which have dealt almost exclusively with the recovery of stockmarket and investment losses for mostly elderly clients, he and his... More
According to Forbes, these stocks were the worst performing during 2012:
StockPerformance Navistar International NAV -45% Best Buy BBY -47% JC Penney JCP -48% AK Steel Holding AKS -50% Cliffs Nat Resources CLF -50% Advanced Micro Devices AMD -56% Alpha Nat Resources ANR -59% Supervalu SVU -66% Eastman Kodak EKDKQ -68% NII Holdings HII -75%
This list published by Forbes in early December 2012, failed to include Groupon, Inc. which, at $5.30, is down 80% since the beginning of 2012.
If you were encouraged by your broker to maintain concentrated positions of a single stock that resulted in damages you may have valuable legal rights. See this link for a discussion of over-concentrated positions.
If you have questions about losses in your brokerage account, please do not hesitate to contact us.
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Forbes Picks 2012 Worst Performing Stocks 0 comments
According to Forbes, these stocks were the worst performing during 2012:
Stock Performance
Navistar International NAV -45%
Best Buy BBY -47%
JC Penney JCP -48%
AK Steel Holding AKS -50%
Cliffs Nat Resources CLF -50%
Advanced Micro Devices AMD -56%
Alpha Nat Resources ANR -59%
Supervalu SVU -66%
Eastman Kodak EKDKQ -68%
NII Holdings HII -75%
This list published by Forbes in early December 2012, failed to include Groupon, Inc. which, at $5.30, is down 80% since the beginning of 2012.
If you were encouraged by your broker to maintain concentrated positions of a single stock that resulted in damages you may have valuable legal rights. See this link for a discussion of over-concentrated positions.
If you have questions about losses in your brokerage account, please do not hesitate to contact us.
Nationwide representation.
Free consultation.
Rex Securities Law
561 391 1900
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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