No reason you cant be both. It was an obviously bad decision for shareholders. Good for management, poor for shareholders.
Will be down >20% on open. And that was easily foreseeable at the time they made the decision. That makes it "not in the interests of shareholders".
I sold on open, and will consider buying back in at or below 80. Which it obviously will if you dilute this much. If not, I can always buy $30k in the SPP and dilute even further. Which is fine. Realistically it'll rebound to 90ish in a month or two.
if they hadn't done it though, it'd probably be $1.20 right now though.
DRO Price at posting:
$1.12 Sentiment: None Disclosure: Held
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