It seems very naive of you to think that the full raise is going to long-term retail holders on a pro-rata basis. It is the right thing to do which is why you assume it. But that has not been the pattern.
Based on patterns. I imagine that DRO is currently off telling institutions about any sales and selling to them at low prices while paying high commissions to Peloton and promising Peloton even more options to dilute further. The institutions will then try to sell to retail at a higher price. That is what they did last year. Watch the patterns. If any institutions associated with DRO participate it will be highly suspicious.
Lets give DRO a chance to do the right thing. Maybe I will be wrong.
DRO Price at posting:
15.0¢ Sentiment: Hold Disclosure: Not Held
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