A lot of the HE instructors in my area teach this style of drop. I see it almost exclusively with them (not to say others don't teach it this way, just what I see). It also comes with a nasty bend forward too. Crazy thing is they get less movement than what I'm instructing. I teach and preach exactly what you're saying [MENTION=10413]riseball[/MENTION] with a few other cues for helping get the digits behind!
Daughter's PC doesn't teach HE and hasn't taught a peel drop. Daughter does struggle keeping the ball up and pulling instead of turning it over and pushing it, though.
My question is really how do I practice with her to get her to finish with her arm out and toward the catcher? This is with her fastball not a drop.