DragonWave Inc.

DRWI-T Dead)

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0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about DRWI-T Dead)

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 15, 2015

This was a $14 stock 5 years ago and is now trading below $1. Destroyed quite a lot of shareholder value, and their past quarter indicated that orders had been pushed further into the future. Last quarter was quite horrendous. It is now a really tiny company. They haven’t made anybody any money and they don’t pay a dividend.

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This was a $14 stock 5 years ago and is now trading below $1. Destroyed quite a lot of shareholder value, and their past quarter indicated that orders had been pushed further into the future. Last quarter was quite horrendous. It is now a really tiny company. They haven’t made anybody any money and they don’t pay a dividend.

COMMENT
COMMENT
December 22, 2014

Has been involved in the stock for the better part of a decade. Has been an under performer this year, although not extremely so. Tactically it is probably going to be the beneficiary of the end of tax loss selling, so he would expect a nice little bounce in a company like this that is showing some positive momentum in their backlog. Thinks they are going to have to raise more capital in order to fund the growth. Feels there is big growth eventually coming. It seems like ClearWire (which is owned by Sprint, and now owned by SoftBank) has finally got their act in order, in terms of rolling out the microwave backhaul part of their network and upgrading it. That, in addition to the contracts that DragonWave is winning in India, is good and is all positive. Tactically he thinks there is a bounce here to possibly $1.50. Be careful as it is a volatile name.

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Has been involved in the stock for the better part of a decade. Has been an under performer this year, although not extremely so. Tactically it is probably going to be the beneficiary of the end of tax loss selling, so he would expect a nice little bounce in a company like this that is showing some positive momentum in their backlog. Thinks they are going to have to raise more capital in order to fund the growth. Feels there is big growth eventually coming. It seems like ClearWire (which is owned by Sprint, and now owned by SoftBank) has finally got their act in order, in terms of rolling out the microwave backhaul part of their network and upgrading it. That, in addition to the contracts that DragonWave is winning in India, is good and is all positive. Tactically he thinks there is a bounce here to possibly $1.50. Be careful as it is a volatile name.

PAST TOP PICK
PAST TOP PICK
October 17, 2014

(Top Pick Sept 30/13, Down 41.87%) The build-out never really happened. The structure of the financing was so dilutive in the end. It paid investors in the deal to sell the shares.

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(Top Pick Sept 30/13, Down 41.87%) The build-out never really happened. The structure of the financing was so dilutive in the end. It paid investors in the deal to sell the shares.

DON'T BUY
DON'T BUY
August 7, 2014

He has shorted it many times and made a fair amount of money.

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He has shorted it many times and made a fair amount of money.

COMMENT
COMMENT
July 17, 2014

Formed a little bit of a consolidation, and then broke out and is now coming back again. Often you will see, when you get a bit of a breakout on a consolidation, a stock will come down and test the area, in this case at around $2. Watch to see if it can test the $2, and stay above it. The longer term chart is bearish. He wouldn’t trade it for the long term because the bigger picture is Down.

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Formed a little bit of a consolidation, and then broke out and is now coming back again. Often you will see, when you get a bit of a breakout on a consolidation, a stock will come down and test the area, in this case at around $2. Watch to see if it can test the $2, and stay above it. The longer term chart is bearish. He wouldn’t trade it for the long term because the bigger picture is Down.

COMMENT
COMMENT
June 20, 2014

Believes they recently won a contract in India. Doesn’t think there will be a rise in the stock. Had an equity deal last fall that was sold on the basis of Softbank buying Sprint which they were going to benefit from. This doesn’t seem to be happening. Also, when they did the equity deal, it was structured in a way that the amount of warrants that investors received went up if the stock price declined. Stock price did decline, and they had to issue a lot more warrants. He has a small Short on this.

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Believes they recently won a contract in India. Doesn’t think there will be a rise in the stock. Had an equity deal last fall that was sold on the basis of Softbank buying Sprint which they were going to benefit from. This doesn’t seem to be happening. Also, when they did the equity deal, it was structured in a way that the amount of warrants that investors received went up if the stock price declined. Stock price did decline, and they had to issue a lot more warrants. He has a small Short on this.

WATCH
WATCH
February 25, 2014

No longer has a material position. He was wrong to buy it. Expected some contracts out of the newly formed Sprint/Softbank/Clear Wire contingent. Maybe it will still happen. The company will probably run out of gas over the next couple of quarters if they don’t do any financing.

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No longer has a material position. He was wrong to buy it. Expected some contracts out of the newly formed Sprint/Softbank/Clear Wire contingent. Maybe it will still happen. The company will probably run out of gas over the next couple of quarters if they don’t do any financing.

DON'T BUY
DON'T BUY
January 31, 2014

Their specialty is wireless backhaul using microwave. This company has had lots of opportunity, but unfortunately the earnings haven’t shown up. Stock has rebounded a little. Ranks in the bottom 1% of his database of about 730 stocks. Analysts continue to revise estimates downwards. Estimates for the February/15 year end is for a loss of $.31. There are better risk-adjusted returns elsewhere.

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Their specialty is wireless backhaul using microwave. This company has had lots of opportunity, but unfortunately the earnings haven’t shown up. Stock has rebounded a little. Ranks in the bottom 1% of his database of about 730 stocks. Analysts continue to revise estimates downwards. Estimates for the February/15 year end is for a loss of $.31. There are better risk-adjusted returns elsewhere.

DON'T BUY
DON'T BUY
October 9, 2013

Interesting company. Near-term opportunity is big, but be mindful that at the moment the company is losing money. Expected to lose $.86 this year and Feb 16/14, and $.25 the following year. Ranks in the bottom 10% of his database.

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Interesting company. Near-term opportunity is big, but be mindful that at the moment the company is losing money. Expected to lose $.86 this year and Feb 16/14, and $.25 the following year. Ranks in the bottom 10% of his database.

TOP PICK
TOP PICK
September 30, 2013

Microwave backhaul where one network hands off to another (e.g. Verizon to Sprint). Have 90% of market share. Thinks you will see a tripling of sales due to consolidations in wireless where its largest customer was being starved of cash but now it has been acquired and will spend $8 billion in network upgrades.

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Microwave backhaul where one network hands off to another (e.g. Verizon to Sprint). Have 90% of market share. Thinks you will see a tripling of sales due to consolidations in wireless where its largest customer was being starved of cash but now it has been acquired and will spend $8 billion in network upgrades.

SELL
SELL
April 4, 2013

Had a fabulous 70% growth rate a few years ago. He’s lost count of how many quarters the company has missed earnings and revenue expectations. Has a niche little product, but nobody cares about the company because they have disappointed so many investors so often. It has far more potential as a tuck in acquisition for someone else. Products are okay and they had really good customers but once those customers stopped buying, their growth rate changed dramatically.

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Had a fabulous 70% growth rate a few years ago. He’s lost count of how many quarters the company has missed earnings and revenue expectations. Has a niche little product, but nobody cares about the company because they have disappointed so many investors so often. It has far more potential as a tuck in acquisition for someone else. Products are okay and they had really good customers but once those customers stopped buying, their growth rate changed dramatically.

WATCH
WATCH
August 21, 2012

Significant acquisition and stock declined significantly as people try to decide if it will survive. Expected to lose $.57 net quarter and earn $.16 after that. It is a show-me stock.

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Significant acquisition and stock declined significantly as people try to decide if it will survive. Expected to lose $.57 net quarter and earn $.16 after that. It is a show-me stock.

DON'T BUY
DON'T BUY
May 31, 2011
Ranks in the bottom 5% of his database. Expected to lose $0.27 in the current fiscal year. Provide Microwave for backhaul from towers. Challenge is that they have single customer concentration. Analysts chopped the earnings estimates by 15% in the last 90 days.
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Ranks in the bottom 5% of his database. Expected to lose $0.27 in the current fiscal year. Provide Microwave for backhaul from towers. Challenge is that they have single customer concentration. Analysts chopped the earnings estimates by 15% in the last 90 days.
WAIT
WAIT
March 15, 2011
The reason it did so well and then pulled back is that it has extreme single customer concentration. Clearwire was the customer, who is going through financing to continue the build out in other cities. There are also concerns about there being a second supplier. Needs to see if they get a second round of business from Clearwire later this year.
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The reason it did so well and then pulled back is that it has extreme single customer concentration. Clearwire was the customer, who is going through financing to continue the build out in other cities. There are also concerns about there being a second supplier. Needs to see if they get a second round of business from Clearwire later this year.
DON'T BUY
DON'T BUY
January 10, 2011
They committed themselves to one customer. It’s hard for them to win as much with other customers. Good technology. Not confident in the stock.
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They committed themselves to one customer. It’s hard for them to win as much with other customers. Good technology. Not confident in the stock.
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DragonWave Inc.(DRWI-T Dead)) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for DragonWave Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

DragonWave Inc.(DRWI-T Dead)) Frequently Asked Questions

What is DragonWave Inc. stock symbol?

DragonWave Inc. is a OTC stock, trading under the symbol DRWI-T Dead) on the (). It is usually referred to as or DRWI-T Dead)

Is DragonWave Inc. a buy or a sell?

In the last year, there was no coverage of DragonWave Inc. published on Stockchase.

Is DragonWave Inc. a good investment or a top pick?

DragonWave Inc. was recommended as a Top Pick by Peter Hodson on 2015-04-15. Read the latest stock experts ratings for DragonWave Inc..

Why is DragonWave Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is DragonWave Inc. worth watching?

0 stock analyst on Stockchase covered DragonWave Inc. In the last year. It is a trending stock that is worth watching.

What is DragonWave Inc. stock price?

On , DragonWave Inc. (DRWI-T Dead)) stock closed at a price of $.