$Ouster(OUST.US) rose over 40% in the previous four trading days. As soon as the discounted public offering was announced, the stock price fell -12% that day. The $200 million financing is said to be for supplementing working capital; $SIVERS SEMICONDUCTORS AB(SIVEF.US) was even more direct. A SEK 700 million private placement was priced at a discount of over 10%, and it was also layered with a convertible bond exchange, causing rapid and severe dilution, losing over ten percentage points in a single day. Both companies are taking advantage of high prices to raise capital. Is the pit created by the discounted offering an entry point or just the beginning of dilution? I'd rather wait for the offering to be completed and see how the batch of shares unlocked from restrictions is digested before taking action—what's being smashed down is the equity capital, but the order side is actually still there.