What if everyone bought 100 shares of stock to pass out on 10/31in lieu of Halloween candy? Could that raise the stock price?Your thoughts?
4 replies (most recent on top)
No thanks, a lot of us see chapter 11 as their only way out. I prefer something with more upside & a better track record overall for ROI. I don't think the executive team will be in place in 2025 when they think we'll be profitable. The US economy & company debt will have way too much impact. It really wouldn't matter who is the CEO, Storey buried us
no thanks
I don't know what you mean by "everybody" but I'll assume every Lumen employee. That's about 30,000 - 35,000, maybe. If it's 35,000 then 100 shares per person works out to 3,500,000 shares. Last weeks average daily trading was around 8 million shares. So 3.5 million shares wouldn't have much of an impact price wise.
Are you trying to get your house egged? probably worse then handing out apples lol