OTCPK:DRWIQ - Post by User
Comment by
HeyBlinkinon Jul 15, 2014 3:34pm
218 Views
Post# 22747853
RE:RE:TD Raises target to $2.75 & other analysts price targets $3
RE:RE:TD Raises target to $2.75 & other analysts price targets $3Just so no one gets too confused.
DragonWave's fiscal year is quite out of sync with the calendar year.
Their first quarter 2015 ended May 31, 2014.
So, second quarter 2015 ends Aug 31 - second half of their fiscal year 2015 begins September 1, 2014 - not too far away actually.
Congratulations on your profit, if the SP does indeed drop back to $1.65 I'll pick some more up myself, but IMO I don't see that happening, especially since they have stated their revenue will be up again by 25% to 40% in the 2nd quarter fiscal 2015.
GLTA
HeyBlinkin