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Bullboard - Stock Discussion Forum DragonWave Inc DRWIQ

DragonWave Inc is a Canadian company which provides high-capacity packet microwave solutions that drive next-generation IP (Internet Protocol) networks. It operates through the single segment being Broadband wireless backhaul equipment which includes embedded software. The company's product line includes Harmony, Horizon, Avenue, and NetViewer. The company operates its business in Canada... see more

OTCPK:DRWIQ - Post Discussion

DragonWave Inc > I Believe
View:
Post by jayroysmith on Sep 23, 2016 3:01pm

I Believe

Any company with this much potential @ 10 mil market cap is huge reward over risk. It may double or due what it did in spring rather soon....
Comment by JonathanJSmith on Sep 26, 2016 8:41am
Their MC is more than $10MM. They just completed a financing which created an additional 1.6MM shares. Therefore, 3.6MM + 1.6MM = ~5.2MM currently outstanding which results in a current MC of approx. $2.80X5.2MM=~$14.56MM. Furthermore, let's not forget all of those warrants that they issued with the last financing that, when (if) exercised would create a lot more shares; that is, Class A and ...more  
Comment by jayroysmith on Sep 26, 2016 9:12am
Agree, I was just doing quick assumption. I have been in/out of this for many years never making anything until their last jump. I have now re-entered but I dont know if I would bank on 75$. Possible, yes, but I would get out around 10$-15$ again. Even the chart looks good, and low volumes similar to earlier this year before the spike.
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