There's never a shortage of losers in the stock market.  

Let's take a closer look at five of this past week's biggest sinkers.


May 27

Weekly Loss

My Watchlist

Mecox Lane (Nasdaq: MCOX)




China Green Agriculture (NYSE: CGA)




Sigma Designs (Nasdaq: SIGM)




China-Biotics (Nasdaq: CHBT)




China Information Technology (Nasdaq: CNIT)




Source: Barron's.

Mecox Lane sank after posting a wider loss on a surprising dip in revenue. The Chinese online apparel retailer has been brutal to shareowners that bought in when Mecox Lane went public at $11 back in October. Roth Capital lowered its price target on the beleaguered stock -- from $8.50 down to $6 -- after the grim report.

China Green Agriculture is a fertilizer maker that's being dogged by accusations of malfeasance. This has cursed many small Chinese companies in recent months. China Green Agriculture did issue a press release last week, but only to point out that it's not the company's policy to comment on rumors or unusual market activity.

Sigma Designs took a hit after a disappointing quarter. The California-based chip maker -- and I'm singling out where it's from because the four other companies making the cut this week hail from China -- missed Wall Street's top- and bottom-line targets.

China-Biotics and China Information Technology are two more Chinese companies that are coming under fire from skeptical investors. By the time the dust settles, the falsely accused stocks will rightfully rally. In China Information Technology's case, it certainly doesn't help that its CFO resigned on Friday.

It was a rough week for these five stocks. Let's see which ones bounce back this week.

Which of these five stocks do you think bottomed out last week? Share your thoughts in the comment box below.