HBKS's CEO is ready to sell the bank, but he's afraid of leaving you on your own as an investor ... you're not ready to leave the nest (Palladium ... you too). You'll just take your new bank stock and sell it ... and then blow your money on some foolish investments like TOWN or MNRK stock. Promise you'll keep it in the bank stock he gets in exchange for HBKS stock ... okay?
Remember the Press Release: "Further, we believe the remaining 'headroom' under our share repurchase program provides sufficient potential opportunity for smaller shareholders who may be seeking current liquidity [to sell their HBKS stock] ...."
Think about it: CEO's are always telling shareholders to buy their stock.
When the CEO of your company suggests selling ... you know the right thing to do has to be ... DON'T!