OTCPK:DRWIQ - Post by User
Comment by
kanuk453on Mar 04, 2010 1:56pm
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Post# 16843838
RE: Stock is flying to over $11.
RE: Stock is flying to over $11.Although I have no proof (I'm not a professional trader nor even a frequent trader), I am sure this was/is being manipulated to get some nervous holders to sell. Someone is accumulating. I've seen this many times before.
Clearwire is their largest customer, but certainly not their only one. If I recall correctly, there are about 23 customers worldwide. In my opinion, expansion of 3G and 4G capacity will be much greater in the rest of the world than in N. America, so whether or not Clearwire remains their largest customer is irrelevant.
I think that trying to trade DWI on a frequent basis is almost a guarantee of losing money because of the manipulation that is done by the NASDAQ traders. You can never be sure what the stock will do from one day to the next.
All that being said, I am sure there are institutional investors who have more knowledge than I about this company. But I don't think it is only retail investors who have been stocking up today.