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 their revenues, the cash flow is still pretty low, and the customer base is still eroding. All and all there is not even one realistic reason for the stock to go up. There could be short term rises in value due to hype, but other that that, there is a far greater chance that Lumen is heading towards becoming a penny stock then for it to rach any kind of stability.
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