Looks like people are already investigating this deal. It sure does smell like dead fish when you look at all the news leading up to the merger and also take into account the fact that the branch presence should have brought a premium insterad of a discount.
Personally, I was initially in from the $1.80's and sold at $2.22 yestrerday. Far less then what I had envisioned. If there is any more downward pressure, I think I will be jumping back in. Also, I would not be surprised to see a second suitor pop out of the woodwork, just like what we just saw a few weeks ago. If that happens, you still may get even and then some.
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