Hi Jon,
At first I was feeling the same way, that I should sell my Sentinel position, but then I started thinking about it, and wondered why Crowd would be anxious to hire the head of product development from a company it always tried to put down? Did it feel that Sentinel’s products were so much better? And another as chief business officer? Did Crowd feel its own business wasn’t doing so well and that Sentinels was doing a lot better? I didn’t know the answers but decided to just sell just a small part of my Sentinel position (15% of my shares), and hold on the rest for now, and see what happens.
Another thing to consider is that Crowd may have offered very large stock based compensation and with its current price so low that may have been tempting too, while the two execs, staying where they were, their prior stock options were all probably way out of the money. Again, just speculating. (As I write, Sentinel is just down all of 35 cents so I guess a lot of other people also didn’t see it as the end of the world for them.)
Saul