Recent

% | $
Quotes you view appear here for quick access.

DragonWave Inc. Message Board

  • garth.4477 garth.4477 Dec 7, 2012 6:41 PM Flag

    2.21 close Wednesday 2.23 on Friday

    Is this possible after earnings miss on Thursday and down grade on Friday? YES
    The stock is oversold and it is time to stop looking in the rear view mirror. NSN is getting it done and DW is the clear beneficiary in 2013. Many of us considered the stock dead money through year end and it about to come to life.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think you are right garth. This has been a tough stock to slog through with though. Do you think we will get some tax loss selling? That drop on Dec. 6 threw me and I sold a third of my position at the low. I want to hold enough yet keep some powder dry in case we go flying off the fiscal cliff or have tax loss selling.

      • 4 Replies to jfrancisofsi
      • JF
        I think most tax selling is done... 25% of the float is in very strong hands and institutional ownership is near zero. The supply could come from non believing shorts but that will turn to demand once we get some material company specific news.
        DW is in the sweet spot of telco space with a great partner that is focused entirely on mobile BB. All the data points to success and once DW proves they can execute along side NSN the sell side analysts will be back with upgrades and institutional money will flow back into the stock. This will happen at higher prices and probably a couple quarters out.
        Many have held this for a long time and so it is hard to remember that we are in the very early stages of growth for this story. The story should play out well for the longs over the next 5 years!

      • JF
        I think most tax selling is done... 25% of the float is in very strong hands and institutional ownership is near zero. The supply could come from non believing shorts but that will turn to demand once we get some material company specific news.
        DW is in the sweet spot of telco space with a great partner that is focused entirely on mobile BB. All the data points to success and once DW proves they can execute along side NSN the sell side analysts will be back with upgrades and institutional money will flow back into the stock. This will happen at higher prices and probably a couple quarters out.
        Many have held this for a long time and so it is hard to remember that we are in the very early stages of growth for this story. The story should play out well for the longs over the next 5 years!

      • JF
        I think most tax selling is done... 25% of the float is in very strong hands and institutional ownership is near zero. The supply could come from non believing shorts but that will turn to demand once we get some material company specific news.
        DW is in the sweet spot of telco space with a great partner that is focused entirely on mobile BB. All the data points to success and once DW proves they can execute along side NSN the sell side analysts will be back with upgrades and institutional money will flow back into the stock. This will happen at higher prices and probably a couple quarters out.
        Many have held this for a long time and so it is hard to remember that we are in the very early stages of growth for this story. The story should play out well for the longs over the next 5 years!

      • JF
        I think most of the selling has taken place...especially from the Institutional side. At least 25% of the float is in very strong hands and Institutional ownership is near zero. The company has to prove itself again before the Institutions come back and this will take a couple more quarters. If management executes along side NSN they will be back at higher prices. We will also get the sell side analysts back on board, but at higher prices.
        The supply could still come from the non believing shorts, but that will turn to demand once we get some material company specific news and I feel that is coming soon. DW is in the sweet spot of the telecom space and with a great partner focused on mobile BB I don't see how they can miss out on the dynamic opportunities ahead over the next 5 years. Although many have been long for some time this story is in the very early stages and growth is about to ramp!

 
DRWI
0.245+0.005(+2.08%)10:19 AMEDT