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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, Malaysia, and another region. The majority of the company's revenue comes from Canada.


OTCPK:DRWIQ - Post by User

Bullboard Posts
Post by Swordplayon Apr 13, 2010 2:38pm
823 Views
Post# 16986904

Idiots!

Idiots!

Read the fine print.  They have until April 13 next year to buy back their 10% of the float.  Think management is going to be a dumbass about it and start buying at/near historical highs?  It's more like they'll sit back and watch the manipulators depress the prices further before they dive in a few months down the road.

Just b/c they have the approved buying power, doesn't mean they'll exercise it right away.  The share buy back is more like a publicity stunt.

Bullboard Posts