Replies to post #213 on The Colonial BancGroup, Inc (fka CBCGQ)

[Cashinfist]

I got in today at .60 10k shares

[richme]

CNB may soon go away either by FDIC mandate or arranged buyout but on its own I don't see much promise. My initial buy in CNB was close to $1.70 and the towel fell at .87; huge loss for me there. I bought 7000 shares C today for a opportunity to make a few hundred and let it go. No LONG for me in any stock that I know. Good luck with this; you saw a supposed bottom of .69 quickly become .49.