DragonWave Inc DRWIQ

New Dragonwave Shareholder

[BuddyGuyMan]

I was comtemplating buying into DRWI for the first time the other day when it was under $1.  Then came the surpise news release of their new contract, and I kicked myself all the way up to $1.96.   Luckily what went up fast also came down fast, and I was able to buy in on Friday at $1.30.   We'll see what this week brings!  Long-term, I think this company is ready to turn-around, and if it happens to pull back more, I'll be adding to my position.  Good luck to all!

[barneyj44]

Just be wary, Insiders don't hold many shares  and those running the show have proven over the years they can't make money ( Ex Nortel castaways). Don't get me wrong, great products , management just can't execute...... I along with others have held this for many years so these comments are coming from experience....

[bailey2]

Do some due dliligence . The company is presently broke. q1 is going to be bad according to the ceo on the last q call. They are going to have to raise a ton of cash . Looks like there is going o be a major dilution . Share count has already tripled in under a year . Now over 9 mill fully diluted. Oh yeah, they have never in th past several quarters been transparent on revenue numbers for company&

[BuddyGuyMan]

Well that's definitely a downer... ha.  But I know it's a gamble that they'll be able to turn things around. I'll see how it goes.