LUMN....WTF | TexAgs

FaceMask

Joined: Oct 28, 2008

Posts: 2,560

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2:45p, 11/3/22

This company is not going away. What's the play at this point. I had a good position at $6.85.

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JSKolache

Joined: Jul 19, 2013

Posts: 8,509

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10:34p, 11/3/22

AG

They are just a mess. Trying to be global fiber backbone while also selling retail signal to peepaw in ETX/LA. Only thing keeping them remotely relevant was that massive div. It was unsustainable. Took my L today, adios.

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BlueTaze

Joined: Jan 9, 2021

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6:35p, 11/6/22

It was the right move cutting dividend to address debt, not sure about buying stock back, but that at least sets them up for a near term technical bounce IMO. Got some gov contracts in pipeline.

$30,000 Millionaire

Joined: Sep 6, 2004

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7:37p, 11/6/22

AG

I know most of the management. They're starting to make inexplicable decisions. What was a unique set of assets is becoming a crap regional ILEC.

Best bet is that one of the big 3 tech companies buys them.

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