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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 > what happens now????
View:
Post by ashuwaliaa on Jan 26, 2017 12:03pm

what happens now????

I have 12k invested .. which has now turned to 6k. What do I do. Is there any chance that this stock can get back up to the 4$ range, is it smart to sell the stock or wait for the next quarter and hope that Allen can make up some bullshit that will help rise the price of the stock? What are you guys doing with your shares? Help pls
Comment by bailey2 on Jan 26, 2017 4:03pm
Everyone should be emailing the company and asking hard questions. They hired Cibc to look into selling the company or merging. Ask them with bankruptcy or revenue decreasing to zero eventually why are they not pursuing this avenue immediately. 
Comment by DuncinMcC on Jan 26, 2017 4:41pm
Hey Guys,  I had like 10 k originally and am down to 4k.  What the f?  Is this a desperate move to keep the company flush while in the transition until back orders and supply issues work themselves out.  It seems like the guys at CIBC after the last Q report only lowered their PP to $14 from 16.  It seems a big shock to me that they could be so far off in their ...more  
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