I own 500 shares of indymac and was wondering if someone buys the banks will there stock go back up?

Question

I own 500 shares of indymac and was wondering if someone buys the banks will there stock go back up?

Answer 1

Probably not.

Usually in a situation like this the government will pay another bank to take over the Indymac accounts and, since Indymac will not exist anymore, shares of the company will become worthless.