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The vultures are starting to circle these stocks

Some stocks are bad because their valuation is bad, which is another way of saying that each share isn't a big enough piece of the company. Other stocks, such as the ones on today's list, are bad because the companies themselves are past their prime and have failed effectively to change with the times. These companies were all doing well for a time. They were big fish in ponds both small and large. Today, they are simply getting beaten up by powerful forces, and no action they take – at least none they have the wit to try – can help them.

These aren't hot stocks. They range from tepid to frigid. Some are still riding relatively high, but others have begun to fall. Don't buy them on the dip, or the dip might turn out to be you. Don't short sell them either, for even though their death is at hand, it will almost certainly be the slow, lingering sort. Keep your money far away from here.

Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.