https://www.moomoo.com/news/post/25181190
6 replies (most recent on top)
Difference is they can't just raise taxes.
If they raise prices, they might lose business.
In some areas and under certain government programs they are practically giving away quantum. You don't make much money giving away quantum for 20 or 30 a month.
I compare Lumen to the US govt. still in business but for how long.
Lumen is in a classic debt death spiral.
The debt is still there and Lumen still borrows more money. Not doing the world any good. Not creating jobs, but destroying as they go.
this is from July ... old news
if you are short lumen congrats, you've won so far. but if you think spreading fud in the layoff forum to drive the stock lower, you must be delusional.