I believe we are at the highest and lowest stock dollar figure for LUMN. Floating between $1.27 and $1.34. I follow this stock and sadly the 52-week window is now $7.64 to $1.27. Last month the window was $8.95 to $1.31. Eventually, the 52 week window will be $1.35 to $1.27, unless someone flushes the toilet again.
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yea $1.33....we're still a tu-d that's barely floating.
Back to reality today.... $1.33 now with a low of $1.32.
$1.40 breakout ... now that we are all rich, we can just quit/retire early
“Then layoffs.“
Goodbye to all the CDN support people.
Q3 results next week, and absent some sort of miracle, I expect a drop as low as $1.00
I feel this range is likely justified, considering there is no significant good news and the risks remain and lending environment is tightening significantly. The company is still
operating with a high percentage of dysfunction and nothing major has changed.
Just a guess, maybe they sell off mass markets and/or quantum.
They sell more pieces to the government or companies at fire sale prices when it makes sense to.
They may try to sell the rest to existing partners who are still locked into
legacy components, except at even more attractive pricing.
Then layoffs. Send all the contractors packing.
Do they ever send the contractors packing?
Then nobody knows anything. Even worse than the current state of confusion.
Then eventually BK
Then auction of remaining assets.
A year from now the 52 week range will be 1.35 to 0