It is hard for a stock to recover from a Nasdaq or NYSE delisting - although the process is seamless, getting to the point of delisting is typically bad news. The company typically has lost so much value that it doesn’t meet minimum price requirements or has not filed required documents (ie. quarterly reports).

Crumbs Bake Shop

Crumbs (OTC: CRMB) is perhaps the most notable delisted stock this year. The cupcake producer announced bankruptcy in early July after rampant expansion led to unpayable debt. Marcus Lemonis of CNBC’s the prophet expressed his interest in purchasing Crumb’s assets following bankruptcy proceedings.

NewLead Holdings

The Greek company NewLead (OTC: NEWL) was booted from the Nadaq in June for “false and misleading statements,” along with inability to keep its share price above $1. Investor confidence is so dire that two 50 for 1 splits could not keep the stock above $1. NewLead and fancier IronRidge Global are in litigation, according to NewLead, IronRidge owes $125 million.

L&L Energy

Related: 9 One-Time Penny Stocks That Didn't Stay That Way

Lihua International

Lihua (OTC: LIWA) is another fraudulent Chinese company. In this case the CEO was diverting company assets to himself. As expected, the following sell of was steep: shares sold off more than 90 percent. Before being kicked off the Nasdaq, Lihua shares were halted as the exchange demanded more information.

Kids Brands

Kids Brands (OTC: KIDS) announced it would move to over the counter trading at the end of March as the company could not maintain the $15 million market cap required by the New York Stock Exchange. In June Kids Brands announced it would pursue sale of assets in chapter 11 bankruptcy. The company has found a buy for most brands.

Other stocks that have been delisted in 2014 include: