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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
Comment by JonathanJSmithon Aug 30, 2015 1:24pm
174 Views
Post# 24063381

RE:RE:RE:Reverse split haunts DWI

RE:RE:RE:Reverse split haunts DWI
Well, if you look on Yahoo Finance for the stock ticker DRWI, you'll notice the Nasdaq CM designation which means that they were granted the extra 6 month extension period to get their shares over $1 as per Nasdaq rules. Good news, but expected. We'll see where the stock price is in another 5 months before we can figure out if there will be a reverse split and what that ratio might be. 

$15m US MC is just insane given this company's prospects. It's a screaming buy at this level. I loved the stock at $0.70, now I really love it at $0.20. And if it goes even lower, I'll really, really, really love it! You get the picture.

JJ
Bullboard Posts