As a kid, I remember how almost every Friday my family and/or friends would stroll into Blockbuster (BBI) to find the hot movies or games to rent. It usually ended with my mom telling me I couldn’t buy the box of candy.

Yep, those were the good old day.

In those times, it seemed like Blockbuster was indestructible. Almost creating a mini monopoly. Who could compete? The only competition at the time consisted of a lowly Hollywood video.

Now the market is flooded with companies such as itunes (AAPL), Netflix (NFLX), and even cable services that offer onDemand. Members are able to choose through an enormous collection and view any movie they please without ever having to leave the house.

Over the last week, one of the fatal stocks on the Black List had come through with complete failure.

It seemed like it was only a couple years ago when Starbucks (SBUX) was the high flyer. They were growing at a great rate, and people were really digging their product and “homely” environment; however, now Starbucks is looked at in a completely different way.

The coffee chain is expected to close down somewhere around 600 stores. There will probably be more to follow. This stock really has nowhere to go… except down.

Once again, another lesson as to why we should listen to the black list.

Also consider

The black list is comprised of stocks, companies, or anything I highly DO NOT recommend you getting close to.

Everyday it seems like some new technological advancement is being made. It makes us wonder what we were doing in the past? With evolution comes the inability for some companies to stay ahead of the curve. Hello Sony (SNE).

For those that don’t know, I love playing video games and been playing it for most of my life. Just like any type of sector there is always some form of competition, with one company usually out-pacing the others. Nintendo (making a come back) and Sega ran the early days of gaming; however, eventually Sony captured the hearts of many.

Back when Sony launched the Playstation in 1999, it marked the evolution of a completely different type of gaming system. They were single handily knocking out all other competitors. The games were fast and revolutionary in what could be done with them.

There is no better way to learn then from a stock that you traded miserably. So I decided to dive into my black list (stocks I will never touch again).

Starbucks - SBUX

I traded this stock nearly two years ago. About that time, SBUX was really starting to makes strides. Everybody was in love in the whole business plan, and it seemed like they were expanding faster than anything. I, along with many, was expecting big things from SBUX.

I first bought into the stock at $32 and, from there, it jumped 8 points to $40 in just under a month. Instead of selling out, I felt the stock had much more to go. Obviously I was wrong. The stock hasn’t even touched the same level since, and now nobody likes the business concept anymore. They feel that SBUX lost its “homely” feel.