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Doctor Glasses is about to issue convertible bonds. What is the best strategy for existing shareholders to operate?
A month ago, I bought Dr. Eye Glasses. The convertible bond issuance was a factor I considered, but mainly because of the AI glasses concept. Then I got caught in a trap.
Without considering the purchase price or sunk costs, in light of Wednesday’s bond allocation, combined with the scale of the convertible bond issuance and the recent performance of companies issuing convertible bonds, what is the best strategy for existing holders? Should I sell on Monday or Tuesday (even if I buy back a few days later)? Or participate in the bond allocation on Wednesday?
Would like to hear the opinions of friends who have recently participated in bond allocations.