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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 > Doesnt make sense...
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Post by killabear on Oct 25, 2016 4:29pm

Doesnt make sense...

Things doeant make sense to me... price is down big time and no one is actually buying even though we just had two big deals with two big companies... Will there be another squeeze soon or down we go day after day? Lets hope news comes in quick to help us.
Comment by Bigpaulbunyon on Oct 25, 2016 8:19pm
it could be the near term 1.7 million warrants exercisable at 3.35 U.S. I guess we wont really know what the numbers are on all 3 deals announced in the last few weeks until the next quarterly results. anyways i think be able to buy at these levels is a bonus. GLA
Comment by Whatamidoing1 on Oct 25, 2016 11:05pm
Or might need to see some #'s or get and approximate size of how big these deals are. 
Comment by Bigpaulbunyon on Oct 26, 2016 6:22am
We may drop another 50 cents until this selling is done , but I would be loading up if this happens 
Comment by biggerr on Oct 26, 2016 11:14am
Significant traction for Harmony means significant ACTION for stock price
Comment by barneyj44 on Oct 27, 2016 3:54pm
Looks like its happening dropping like a rock on small volume compared to last couple of days, I sure it will be more of the same tomorrow, frustrating stock to be long on.
Comment by Bigpaulbunyon on Oct 27, 2016 6:27pm
I am thinking we will see news in the next day or so 
Comment by biggerr on Oct 27, 2016 6:38pm
we just have to sit tight and wait for more contracts, the carriers need to equip themselves for G5. DWI should be $100 mil. cap, not the $30 mil. joke
Comment by barneyj44 on Oct 27, 2016 7:10pm
Sit tight, I think I will take your advice biggerr and stop looking at the computer for the next week or two and let things settle out, a couple more contracts and some more analyst coverage we should be off to the races. It's not like this is a new company, we have been around for 16 years, we have great products and some top tier employees from Nortel. On a side note does Timothy McDonald ...more  
Comment by biggerr on Oct 28, 2016 2:45pm
yes, DWI comes closest to be the successor of Nortel in Canada by doing the wireless infrastructure, all they need is some switches and routers like NT used to make
Comment by biggerr on Oct 28, 2016 4:29pm
every rally gets sold off now, we're lucky there were some good news today with the award to Harmony, maybe those executives from Verizon and other carriers who gave this award will also order Harmony for their networks
Comment by killabear on Oct 28, 2016 6:06pm
its crazy how the stock goes up +8% and goes down to 0 by the end of the day. I think all we need is one big peice of news and all short will get hurt bad and the stock rallies. It is making a comeback, lets jot forget that it went up almost 100% from recent lows. So i wouldn't mind some consolidation before the next move up as long as we stay at support level.
Comment by barneyj44 on Oct 28, 2016 6:47pm
We have had 3 big news release, Sprint contract, Australia contract,Signifigant traction with Harmony Enhanced Mc product and Fierce Inovation finalist voted by the very companies that are and hopefully will be using our products. Better times ahead .
Comment by Bigpaulbunyon on Oct 29, 2016 9:27pm
here is why all rallies fail . The Long-Term Warrants have an exercise price of US$4.37 per share, are exercisable immediately and will expire on August 8, 2021. The Short-Term Warrants have an exercise price of US$4.00 per share, are exercisable immediately and will expire on February 8, 2017. The common shares and the warrants are immediately separable and were issued separately. The Pre ...more  
Comment by barneyj44 on Oct 30, 2016 3:24am
Part of the editors comments are correct but keep in mind he says he a day trader. Since his report the Australia contract happened as did the great demand for Harmony by 8 customers including a Tire 1. and the award nomination. Sprint just raised $3 billion at low interest by selling some Spectrum so money shouldn't be a problem. 
Comment by bailey2 on Oct 30, 2016 12:23pm
Biggest thing for me is whether at 21 million , like they said in the conference calls , will be the number to be cash flow neutral. It's not that far from the 13.5 million they did this quarter. God help us all if they give a revenue surprise,for the quarter 3. Reading between the lines on the transcripts Allen seemed to say that as it stood at the time of the call, that q3 was trending the ...more  
Comment by killabear on Oct 30, 2016 2:27pm
It all depends on the size of the reported deals. One thing worries me is that why Allen didnt publiah and numbers for the deals that we got. If numbers are big then yes it will be huge for the company. Also if these deals help bring more similar deals to have consistant revenue instead of 1 time offer.
Comment by barneyj44 on Oct 30, 2016 4:10pm
Allen didn't give the size of the deals but the news release with regards to significant traction with Harmony amongst 8 customers one of them being Tier 1 has me thinking revenues should be vastly improving. 
Comment by andras12 on Oct 30, 2016 8:37pm
folks, see coupland of cibc report. target i believe is 16 dollar. the sprint opportunity is c. 700 million according to coupland over the next 3 or so years. drwi has good opportunity to get a good chunk of business. drwi is cash neutral around 20 million per quarter @ 30 percent margin. do your dd.
Comment by Bigpaulbunyon on Oct 30, 2016 9:20pm
that is very exciting, to add i think they come up with a number of nrs of the next few weeks with more contracts, they seem to be coming out with news every 2-3 days , price goes up then sellers drive it bacjk down, i guess until some bigger companies start buying in , the same pattern will continue for a while.