Having a large position in BXS, I would like to think your sell at $18 was a reasonable possibility. With this socialistic administration passing such business restrictive legislation as Dodd-Frank, premium buyouts are history. The best a small-medium size bank can hope for today is to survive with a market sell or MOE. That is why I have advocated a BXS/TRMK MOE. That would still only produce a small bank by today’s standards, but maybe it would be large enough to provide MS with a sustaining bank until more rational minds are in control in this country. But, with more people receiving than contributing, that may never be. BXS’s nice move yesterday was short covering. TRMK reported yesterday a 21% Q gain & is down over 2% today, & that is with a reasonability secure 3.9% yield!! The banking sector is out of favor now. If America does not get some relief from this tax & spend bunch in Washington, the decline of the stock market is not our major concern!