WOW! We closed today at $1.49.
interesting....a day before earnings announcement.
Other than possibly tied to Q3 earnings, any one have any thoughts why we closed so high today?
10 replies (most recent on top)
Share price this morning is $1.13 and dropping.......
Dear Investor...
Thanks for investing and putting your money and faith here. However, it sounds like you may have more money than sense. I wonder how much $ you've lost on this bad investment? You know really know nothing about what happens on a day to day basis and how incompetent the SLT is.
The Debt Holders won the battle they waged predicated upon lies about Lumen's survivability to extract more interest out of the enterprise while curtailing growth. Sadly, 1,200 employees will lose their jobs relating to this new calculus with an attempt being made by the CFO to explain it away using a bad global economy creating headwinds as the excuse. He also described these debt holders who resemble personalities like Buffett as both savvy and representing the market by way of their "money" of course.
Growth is being usurped by these Bond Vigilantes, and they're not even offering a great deal more time(2029 vs.2027) for extending Lumen's debt maturity runway in exchange for what is becoming usurious "interest" to maintain CONTROL of the business enterprise.
Apologies to those who will be suffering from the loss of their jobs assuming they were valuable, valued added employees who represented Lumen in favorable ways.
As in investor who sometimes observes this venue, it seems obvious that there are trolls more than likely from the "outside" seeking to dishearten employees while disparaging the Company.<<
Sorry no, it really does su-k here.
As in investor who sometimes observes this venue, it seems obvious that there are trolls more than likely from the "outside" seeking to dishearten employees while disparaging the Company. Besides that, excluding disgruntled employees who may need to be seeking gainful employment elsewhere, other employees posting unchecked negativity, is not the kind of employee I wish to find working at Lumen Technologies.
The Company has a very capable, talented leading female at the helm intent on turning boring telecom into high tech like The Level 3 Network was originally designed to ultimately become.
Work smart and hard, and we will all be rewarded. In the meantime, Happy Halloween!
It certainly would be better than DTL from the foul-mouthed bimbo and better than most ramblings from the SLT.
Next book for Book Club announced, "Somehow I Manage" by Michael Scott?
$25?
a share???
not 25 shares for $25?
Bold prediction. Don't think layoffs alone will perform that much magic.
Lumen will find a mother load in 2024.
Predictions 25 dollars per share by same time in 2024.
In order to do so. There will be massive layoff to please the Wall Street.
Quantum fiber only by end of 2030.
Hurry, Lumen is giving you 5 years ahead start. All copper technicians, jump on to Quantum fiber or start looking somewhere else
I suppose that Lumen benefited from a good day in the stockmarket.
No Lumen news today to warrant the high close.
Tuesday's earnings call should be interesting.