There is no one left at the bank to negotiate a deal. The timeframe is way too tight to get something done anyways. The OTS will not accept anything less than an outright sale. Why not wait until the FDIC takes it over and buy it in receivership with a loss sharing arrangement with the feds? You can try to trade on the ups and downs for the next few weeks but this is 99.9% going to the FDIC by the end of May.
then sit on the sidelines and watch me make money because you won't see that for three months.news like this comes out in a surprise.figure the math bought at .305 it's at .38 rumors about a purchaser are already steaming.