Colonial BancGroup Inc. has been hammered hard today posting a drop of more than 70%. Wow, in one day that is a lot to loose. They top the list of Biggest Percentage Price Decliners among common stocks on the New York Stock Exchange at midday on Thursday.
Another bargain? Who knows. They way the market is behaving it could even fall more but if you are a risk taker this could be an opportunity for a quick gain.
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