DragonWave Inc. (fka DRWIQ)

[Renee]

The CUSIP Suspension and FINRA deletion is actually effective for Feb. 12,2020, not for today as I mistakenly posted. Oops.

[Cowpie88]

I see it still be traded? Don’t know what you’re talking about

[Renee]

DRWIQ: CUSIP suspended. FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[vuletini]

Why not stay GRAY, I think this company is coming back in a big way.

Over 2 years under reorganization they may be already profitable

for all we know.

Co founder and VP of engineering is still with the company.

NASDAQ next?

[Cowpie88]

Thoughts on where this is going?

[vuletini]

It's just me snagging some cheap shares.

[vuletini]

It's just me snagging some cheap shares.

[Cowpie88]

interesting. finally getting some volume again. I wonder if its the company scooping up shares?

[Garyst]

Agree.

[Cowpie88]

I understand maybe having rules of certain sizes but to me it should be more about the value than the amount of shares.. interested to see if news comes out as to why this is moving

[Garyst]

Depends on the size of it. Sometimes they won't show bids or asks of under 10k and often times even when they are over 10k they still do not show them. Total corruption IMO on how the mm's can get away with things like that

[Cowpie88]

I have had this stock for years hoping it would rebound! Level 2 isn’t showing my offer to buy at .04!! Still shows bid at .03.. games being played here?

[Garyst]

Mon AM buy at the ask will show us nearly 500% up. That should catch some attention

[vuletini]

It's obvious JV India didn't do much for the stock price.

I was hoping it was a new buyer for all of DragonWave

[gweet]

He's referring to the HFCL buyout of the Joint Partnership

[vuletini]

What's the name of the company?

[Manny732]

Watching closely today . Bought by 22 billion dollar company

[CrazyKar123]

Nice find 'Manny732'

[CrazyKar123]

Dragonwave (DRWIQ) 0.1000 (-0.0351 -25.98%) 12/24/19

TECHNICAL CHART

[CrazyKar123]

HFCL to acquire 50.10% stake in DragonWave HFCL
The Company had entered into a Joint Venture Agreement with Dragon Wave Inc., Canada dated October 18, 2010. The Board of Directors of the Company at its meeting held on October 21, 2019 has approved the same.
https://udaipurkiran.com/hfcl-to-acquire-50-10-stake-in-dragonwave-hfcl/

[retireat40]

So far very poor volume. Looks like a hold through the holidays.

[Jay01]

Thank you!

[Manny732]

Look up dragon wave and hcfl on Google. Hfcl bought 51% stake . Hfcl 22 billion dollar company

[Jay01]

Any info on them?, been researching and nothing substantial than out of dark.

[Manny732]

Company getting some volume really low float