DRAGONWAVE ONE OF BIGGEST LOSERS LAST WEEK PPS DOWN 12%!!!!!!!! OUCH DRWI LONGS
DragonWave wasn't exactly breathing fire last week. The supplier of packet microwave radio systems for mobile and access networks continues to slide after posting disappointing quarterly results earlier this month. Revenue fell short of expectations, and DragonWave has now posted a larger deficit than analysts have been expecting in three of the past four quarters. (Down 12% for the week).