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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

Comment by newatinvest011on Nov 16, 2016 9:59am
170 Views
Post# 25467822

RE:RE:RE:RE:Low Levels Plus Price Drop

RE:RE:RE:RE:Low Levels Plus Price DropThere are news releases out that points towards the possibility of the contract with sprint not being so great which is supported by the fact that DWI never released any numbers. I believe that the shorts are counting on that and are coming in in huge numbers, this is supported by the fact that there was an increase of 400% over a two week period, I think the next short release will also support that even more if we see another huge increase. I am not and expert by any means but if a lot of shorts come into a stock does this not drive down the price as they are coming in as sellers. The advantage to the rest of us, if they are wrong as they will then have to cover and this should drive up the price. It is a risky thing as you would wander if the shorts who have that kind of money (half a million shares and counting) would know something that we regular folks don't.
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