Bad days. We all have them; some of us deserve them. Here are five stocks whose naughty ways drew investors' scorn on Wednesday:


Closing Price

CAPS Rating

(5 max)





Dollar Thrifty (NYSE:DTG)





Avis Budget (NYSE:CAR)





Massey Energy (NYSE:MEE)





General Motors (NYSE:GM)





Circuit City (NYSE:CC)





Sources: The Wall Street Journal, Yahoo! Finance, Motley Fool CAPS.

Well, OK, we can't exactly call these stocks naughty. There are days when five-star winners and newsletter recommendations appear here. Today isn't one of those days.

But, if you're an investor, you'll have plenty of bad days. The trick is to avoid dating -- or, worse, marrying -- your losers. That's why I listen when our 110,000-person-strong Motley Fool CAPS community of stock pickers speaks with a poor rating or a negative pitch. You should, too.

Thus, here is today's list of the worst stocks in the world.

We begin with Massey Energy, which, like James River Coal (NASDAQ:JRCC) and other peers, took a beating when coal prices fell by as much as $20 per ton, according to press reports.

But that's not why Massey makes today's list. At issue is its legal tussle with Harman Mining. So far, Massey is winning. West Virginia's Supreme Court recently awarded a $76.3 million judgment to the company. But Harman yesterday said it would appeal ... to the U.S. Supreme Court.


Mark down a few million more in legal fees, Massey.

Next up is Dollar Thrifty Automotive Group, which reduced guidance this week. Fewer consumers are vacationing, which means less demand for rental cars.


Here's what you might not know: This is the second time that Dollar Thrifty has reduced estimates. Only this cut is far deeper than the last. Executives won't give a revised range for earnings -- there simply isn't enough visibility into how rising gas prices will affect margins.

So what is the guidance? "Based on our present forecast, we expect to remain profitable on a non-GAAP basis, with a minimum of $50 million in Corporate EBITDA for the year," CEO Gary Paxton said.

Earlier estimates called for $97 million to $115 million in EBITDA. You can do the math.

But our winner is Circuit City, which former suitor Blockbuster (NYSE:BBI) abandoned this week.

Or did it? The New York Times is reporting that Blockbuster may re-up its bid for Circuit City later. Unidentified insiders told The Times that a combined company could cut costs dramatically.

Perhaps, but I don't think that's the real story. Blockbuster CEO Jim Keyes -- the man who engineered a turnaround at 7-Eleven -- isn't dumb. He knows how to buy cheaply. My guess is he thinks that Circuit City will soon be selling at a fire-sale price.

Me, too.

Circuit City and its sad search for merger love ... Wednesday's worst stock in the CAPS world.

Do you agree? Disagree? Let us know what you think by signing up for CAPS today. It's 100% free to participate.

I'll be back Tuesday with more stock horror stories.