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Bullboard - Stock Discussion Forum 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... see more

OTCPK:DRWIQ - Post Discussion

DragonWave Inc > Dumb Question
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Post by Bigpaulbunyon on Oct 21, 2016 4:22pm

Dumb Question

Why wouldn't sprint just buy dragonwave out ???
Comment by bailey2 on Oct 21, 2016 4:40pm
Dumber question. Why wouln't Nokia buy them out? There were buy out rumours a few months ago when the price spiked big time . Thing is buyouts take a little longer to get together than you think. Know someone who is on the legal side of it . Ducks have to be in a row. Unless maybe a hostile one.
Comment by mbmbmb on Oct 21, 2016 4:52pm
nokia could buy DWI given their familiarity with DWI's products. that said, I think the greatest benefit would come if ceragon and dragonwave paired up as that would provide the combined company with more pricing power as there aren't many other companies that offer what ceragon and dragonwave offer in the small cell world. it is common for ceragon and dragonwave to both win the same small ...more  
Comment by Bigpaulbunyon on Oct 22, 2016 7:41pm
Another Question , so on the US side Dwi traded over 30 million shares in the last 2. Days. The shares from the Pp are still not tradable right??? Also would insiders have a large portion of the shares that a free trading , how could we possibly trade this many shares. ???
Comment by mbmbmb on Oct 23, 2016 9:14am
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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