You're not taking into account any possibility that the D&O insurance slip=up and Schiff's waffling as to whether he returns as CFO could be unrelated. I am the first to admit that the whole thing is fishy, and I see your logic related to the D&O and Schiff's return and how that reflects on KD's credibility, but imo KD's credibility was tarnished the moment he tried to paint Schiff's hiring as fully meritocratic. Thus I've been having trouble gauging what comes out of his mouth for a while now. He's a marketer/salesman with a slick tongue (look how successfully he wooed gurupup the other night), but that in and of itself doesnt make everything he says suspect.
I need to be convinced further that the smell test has been violated before I take drastic measure. Obviously, by waiting for more proof that something is off base would mean the price per share I receive when I do dump is lower than otherwise, but I'm willing to accept that risk/reward on this particular stock. It helps that my cost basis is in the mid-.50's.
-Bino