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11 Long Island stocks that lost the most money this year

Not all investments are winners, but when it comes to money placed in shares of Long Island-based companies, some stocks are just not paying off.

We've taken a look at the top Long Island companies from our annual Top Companies list and compared their opening stock prices at the start of 2014 to the latest opening prices on Aug. 21, 2014, calculating what a $1,000 investment at the start of the year would be worth now. As an example to compare against the list, $1,000 worth of Google stock at the start of the year would now be worth $1,042.93, while $1,000 in shares of Twitter bought at the start of the year would now be worth $711.55.

Here's the Long Island list:

1. Gyrodyne Co. of America

This St. James real estate firm manages medical
Photo Credit: Gyrodyne

This St. James real estate firm manages medical and office properties, a big departure from its beginnings as a maker of helicopters. Gyrodyne also manages the Flowerfield property in St. James, although it was forced to sell much of it to Stony Brook University through eminent domain. The price was litigated and in 2012, New York State paid nearly $168 million for the land.


Ticker symbol: GYRO
2014 opening price: $12.71 per share
Aug. 21, 2014, opening price: $5.07 per share
Total value of a $1,000 investment: $398.90

2. VOXX International Corp.

A harsh winter really stung for this Hauppauge
Photo Credit: Newsday / Audrey C. Tiernan

A harsh winter really stung for this Hauppauge manufacturer of electronics, leading the firm to post a $49 million loss in its most recent quarter. That's scared investors on Wall Street. The company was formerly known as Audiovox. This is CEO Patrick Lavelle on June 12, 2010.


Ticker symbol: VOXX
2014 opening price: $16.70 per share
Aug. 21, 2014, opening price: $9.50 per share
Total value of a $1,000 investment: $568.86

3. Fonar Corp.

It's been a rough year on Wall Street

It's been a rough year on Wall Street for this Melville-based maker of upright MRI machines as its profit and revenue have steadily fallen.


Ticker symbol: FONR
2014 opening price: $21.21 per share
Aug. 21, 2014, opening price: $12.34 per share
Total value of a $1,000 investment: $581.80

4. Vicon Industries

Shares of this Edgewood-based video systems company spiked
Photo Credit: Vicon

Shares of this Edgewood-based video systems company spiked in January, but have fallen since.


Ticker symbol: VII
2014 opening price: $3.08 per share
Aug. 21, 2014, opening price: $2.25 per share
Total value of a $1,000 investment: $730.52

5. CPI Aerostructures

This Edgewood-based aerospace company acknowledges that it has
Photo Credit: Heather Walsh

This Edgewood-based aerospace company acknowledges that it has some ground to make up, but its hoping a new CEO and a plan to focus less on government contracts will pay off. The company's stock is up compared to a year ago, but it's down compared to the start of 2014. Structural engineer Evan Jacobsen works on the factory floor on March 25, 2014.


Ticker symbol: CVU
2014 opening price: $15.04 per share
Aug. 21, 2014, opening price: $11.13 per share
Total value of a $1,000 investment: $740.93

6. Aceto Corp.

Things were looking alright for Port Washington-based drugmaker
Photo Credit: Barry Sloan

Things were looking alright for Port Washington-based drugmaker Aceto Corp. until it posted a 30 percent drop in profit in the first quarter on slowing sales. The stock took a major hit after that news. The headquarters of Aceto Corp. in Port Washington is seen on Oct. 21, 2011.


Ticker symbol: ACET
2014 opening price: $25.01 per share
Aug. 21, 2014, opening price: $19.20 per share
Total value of a $1,000 investment: $767.69

7. Napco Security Technologies

Amityville-based home and business security product maker Napco
Photo Credit: Google

Amityville-based home and business security product maker Napco has steadily lost ground on Wall Street this year as profit margins slide.


Ticker symbol: NSSC
2014 opening price: $6.28 per share
Aug. 21, 2014, opening price: $4.92 per share
Total value of a $1,000 investment: $783.44

8. First of Long Island Corp.

The parent company of First National Bank of
Photo Credit: First of Long Island Corp.

The parent company of First National Bank of Long Island has paid two dividends this year, but shares of the Glen Head-based bank have still fallen.


Ticker symbol: FLIC
2014 opening price: $42.87 per share
Aug. 21, 2014, opening price: $34.37 per share
Total value of a $1,000 investment: $801.73

9. Orbit International Corp.

While its stock has been lower this year,

While its stock has been lower this year, this Hauppauge electronic components maker has also seen its share prices fall steadily this year.


Ticker symbol: ORBT
2014 opening price: $3.40 per share
Aug. 21, 2014, opening price: $2.85 per share
Total value of a $1,000 investment: $838.24

10. CA Technologies

While not technically a Long Island company after
Photo Credit: Bruce Gilbert

While not technically a Long Island company after recently relocating its headquarters to Manhattan, CA still has a major presence on Long Island. Its struggles have pushed stocks down. CEO Michael Gregoire in the Manhattan office on July 25, 2013.


Ticker symbol: CA
2014 opening price: $33.65 per share
Aug. 21, 2014, opening price: $28.24 per share
Total value of a $1,000 investment: $839.23

11. United Guardian

This Hauppauge-based maker of cosmetics ingredients slipped only
Photo Credit: Google

This Hauppauge-based maker of cosmetics ingredients slipped only slightly this year until just a few weeks ago, when the stock fell after the company posted a 32 percent drop in profit due to a steep slide in sales. A Google street view image of the headquarters is pictured.


Ticker symbol: NSSC
2014 opening price: $28.18 per share
Aug. 21, 2014, opening price: $24.04 per share
Total value of a $1,000 investment: $853.09

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