Biggest Price Decliners (CNB, PRSC) Colonial BancGroup

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.

Level 3 (LVLT) Shares Collapsing. Down over 40%

Always crazy volatile, Level 3 (LVLT) shares are collapsing today on concerns about the highly leveraged communications company’s prospects in the weakening economy. For Q3, the company posted revenue of $1.07 billion and a loss of 8 cents a share; revs were in line with the Street, and the loss was actually a penny better than expected. For the full year, Level 3 says it now sees adjusted EBITDA of $980 million to $1 billion, narrowing the range from its previous forecast of $950 billion to $1.1 billion. The company said it recently completed several “liability management transactions,” reducing its outstanding debt by $179 million; it also said that it is confident it has enough cash to repay $305 million in debt due in September 2009. Could this mean a great buying opportunity? At this price level? I think you could make a killing or lose some few bucks.

The top 10 Most Searched Stock on theStreet.com

Here is the top 10 stock Most Searched in theStreet.comFirst the video

1. APPLE INC (NasdaqGS: AAPL)

Q4 report great and revenue looking to be over 9 to 10 Billion dollars but some analysis are saying that this numbers are low for Apple. However after hour trading is pushing Apple over $100 per share.

2. GOOGLE (NasdaqGS: GOOG)

Still working with the department of justice over an ad deal with Yahoo. Once again with strong earnings blowing away wall street analyst estimates. However the CEO is saying that the company is watching his spending base on weakest sale of ads.

3. FREEPORT MCMORAN B (NYSE: FCX)

FCX was down today 10% but many analyst are saying this is a great opportunity to buy since this stock pays good dividends and the fundamentals are great.

4. CATERPILLAR INC (NYSE: CAT)

Also down today but still having a great outlook.

5. LINN ENERGY LLC UTS (NasdaqGS: LINE)

A big over 10% gainer today. Fundamentals looking great. The stock had suffered but the company is solid.

6. CHESAPEAKE ENERGY CP (NYSE: CHK)

7. GEN ELECTRIC CO (NYSE: GE)

8. AMER INTL GROUP INC (NYSE: AIG)

9. BK OF AMERICA CP (NYSE: BAC)

Loosing money in its credit card business 10. MERCK CO INC (NYSE: MRK)