Let me preface this by saying that I'm completely new to trading. I've been looking for something that would be a long hold and this seems to be a good bet. Yes, I know it's been losing value for years but it seems that it might have turned around in... — read more
Heading back to $10?
Considering how many promises were made, I thought LUMN would be a lot higher by now. But no, Lumen is down. Some believe there are many reasons why this stock could return to prices around $10. I’m not quite sure, but I definitely don’t intend to... — read more
I don’t think Lumen is worth the shot
Even though many say that at this price it is worth buying I tend to think that Lumen is just a waste of money at this point. The price is good, but that appears to be the only positive thing regarding this stock. They haven’t been able to pump up... — read more
So they cut the dividend
https://www.barrons.com/articles/lumen-dividend-stock-earnings-51667483893 This is a big mess. Did you expect the dividend to be eliminated?
Is it worth buying at this price?
Even though there are a lot of negative parameters for LUMM I figure that at this price it is worth the risk. There is a lot to gain though if the stock bounces back. If not, I won’t lose much. Does anyone agree with me?
Truthfully a waste of time
Every other stock that you can think of right now is a better investment than this one ever was. But that's just me.