Wait a minute...

I thought a lot of you wanted Michael Fredericks out... So shouldn't this make the price go up...?

I guess I must be confused. Anyway, I spoke to the media relations contact the company hired, and she said that the board investigation should be complete within a couple of weeks. I find it hard to imagine that Fredericks will be permanently booted from the company over a spat with an early-stage investor, but you never know.

As for the sellers at these levels, I can only quote Warren Buffet, "The stock market is designed to transfer money from the active to the patient."