Wow, now that IS a good price! I have my order in at 25 cents but it moved back up so fast I doubt it will fill. Looks like a classic shakeout of dead wood to me.
I do think this sort of thing could be avoided by better sequencing of the decisions/news releases though -I mean, why not wait till the new guy has been on board for a month before stepping down or perhaps after the PEA is released??