DragonWave Inc DRWIQ

Technology

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.

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DragonWave Inc > Dumb Question

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Comment by mbmbmbon Oct 23, 2016 9:14am

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Post# 25375379

RE:RE:Dumb Question

The spread between bid and ask is almost 1% so I think a lot of the volume ends up being market makers who buy and sell throughout the day but are mostly flat by the end. Add that to momentum traders who love to play a stock like DWI and people who are actually investing and you have a stock trade sometimes trades at 8x it's free float. It's a well known name in traders' circles.

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