Stephen Rosenman
Long/short equity, deep value, special situations

CommunityOne Bancorp: A Hidden Asset In Abandoned Stock

The analysts abandoned CommunityOne Bancorp (NASDAQ:COB) during the Great Recession and haven't come back. They stopped coverage for a good reason: With 16% of its loans nonperforming, the North Carolina bank appeared headed for financial oblivion. At one point, CommunityOne dropped to 25 cents, a colossal fall from it...

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