Lumen Technologies Inc (LUMN)

[jrs5]

Only 10% short interest in this stock, not a short squeeze. Just crazy trading throughout the market this week. This will drift back down to 10. Its a cyclical stock.

[gimmesum]

I cashed out again at 14.05. Hit the stop on the sell off.

Re-entered at 12.07. Very odd activty 2nd half of the day.

[jablome]

15k shares at 12.07

[gimmesum]

Back in at 13.05 today. Nothing but buying right now....

[gimmesum]

The only reason it was on my watchlist was because of the dividend.
I happened to be watching the 5 minute looking for a dip. Entered at 11.45yesterday, out at 15.99 today.

What I thought would be a nice long term hold, turned into an outstanding flip. Still watching close though. Something tells me there is more to this

[jealmc79]

I had been thinking of buying this stock for the dividend when it was $9.50. Should have pulled the trigger. Their customer service being so bad is why I didn’t commit.

[gimmesum]

This ones a little crazy. And I like it.

[chrispy2468]

Yes indeed!!

[Rps1]

This was just like game stop. Short had to cover looking for a big day tommorrow

[fsulevine]

Hmmm... if news has been leaked, I would think the company would call for a “Halt: News pending”. But that would be a longer halt rather than these trading-triggered ones and it would come out on the news feed.

[gimmesum]

I follow Reddit super close. Almost no mention of them the last couple weeks. At least on WSB, I did read about it a few weeks ago in the investing area...

[fsulevine]

Yep!!! I wonder why though? Did that Reddit Group manipulating Gamestock and Blackberry suddenly decide to jump into this one? I’m thrilled! While I am just a small investor trying to slowly build up my Roth IRA (I bought 150 shares about 6 weeks ago), this kind of stuff is awesome! Especially if you look at what my largest holding is doing today! (3900 shares of FCEL... down from 5500 as I have sold in increments on its huge recent rise, some of the proceeds from I used to buy LUMN)

[gimmesum]

Frozen again.... Good times.

[gimmesum]

It shot so fast they froze it. Its back and better then ever. ;o)

[fsulevine]

Maybe it was briefly, but it is back now.

[gimmesum]

This I don't know. I was watching the 5 minute this morning and saw the ask being slapped relentlessly. Then a pull back. Its been slapping ever since....Now a freeze! ;o)

[fsulevine]

Halted?????

[fsulevine]

I don’t see any news from the last hour... what has made it jump suddenly?

[gimmesum]

Happy with my load of 11.45s today.....

[jablome]

"grab something firm"

1:40

[jablome]

ring ring, 'hello', 10 mins, got it

[jablome]

exercise 125 calls?
break even at eleven 'O five

[jablome]

its are little secret, the wife wont know...

[jablome]

just like the first time, you found out what 'love' really was..

even to this day, if i get a little 'jittery' around 'em i say,

"robert palmer" in my head. 'ice man'

[jablome]

dont miss it..

[RSI38]

Niiiiice Yield %




LUMN

[jablome]

get your cheap-z

[jablome]

https://www.fiercetelecom.com/telecom/lumen-snares-two-veteran-affairs-network-services-contracts

[jablome]

https://www.capacitymedia.com/articles/3825853/centurylink-awarded-nasa-network-connectivity-contract

[jablome]

https://www.lightreading.com/automation/centurylink-inks-$16b-networking-deal-with-us-interior-department/d/d-id/756934

[jablome]

got 7k shares at 10.43

[KarlDieGlatze]

What has happened to The Brain Trust on InvestorVillage? They're grasping at straws and patting themselves on the back as though they are the smartest tools in the shed to ever latch onto a Storey that for 22 Years continues to DESTROY capital in the form of equity.

Here is a hint....GTT's infrastructure business is a poor comparison because much of it is NON TERRESTRIAL and consists of sub sea cables that are economically INFERIOR to the multiple CONDUIT DOMESTIC NETWORK in the U.S. that Lumen maintains.

Stated differently, sub sea fiber cables do not follow SILLYCONeconomics like terrestrial backbone networks do.

Maybe the EBITDA multiple is more correct at 20, making the equity value worth $136 per share including net debt of 32B.

Remember that I have valued this network at 100 PPS like I did Overstock.com more recently, and I don't expect to be wrong in the next few years!

However, Warren Buffett has already figured this out before The New Year rings loud and clear.

[eastunder]

Not encouraging!

[jealmc79]

Still don’t have a modem. Was told it would be here two days ago. Called yesterday and found out the order was never completed. Don’t know how they could tell me the modem would be here two days ago if the order was never completed.

So after another 45 minutes on the phone I got the lady to complete the order, I think. This time I got what was supposed to be a verification email. Email doesn’t say anything about a modem or order number. According to it I ordered some “terms of service”. Called back to verify order was completed. Another 20 minutes on the phone they verified the order was completed and should be here tomorrow, two weeks to get a modem if it shows up tomorrow.

[eastunder]

I don't have century link in my home. I don't own the stock. But my Mother has it at her house and her internet service is horrific. Slow. Slow. Slow! I can't imagine putting up with it!

So to be told to use their website for their customer service would be torture in itself!

Sorry about your broken Modem!

[jealmc79]

“will help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution”

What a joke. It only took them a week and about 20 customer service reps, hours on the phone just to replace a broken modem. Keep telling you to use their website for customer service and it doesn’t work. They don’t even have an option for equipment replacement.

If that’s the 4th Industrial Revolution, then God help us all.

[eastunder]

CenturyLink Transforms, Rebrands as Lumen®
8:05 AM ET, 09/14/2020 - PR Newswire

With a New Brand Name and Purpose, Lumen is Ready to Enable "Amazing Things" through its technology platform

DENVER, Sept. 14, 2020 /PRNewswire/ -- CenturyLink has a new brand name and bold new purpose. As Lumen Technologies, or simply Lumen, the company will help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution – a time when smart, connective devices are everywhere. Lumen® brings a new focus to how it views the marketplace and the world with the purpose to further human progress through technology.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8524356-centurylink-rebrands-as-lumen/

The 4th Industrial Revolution represents the latest technological shift to change how everyone lives, works and thrives. At its core, this new age requires companies to effectively acquire, analyze and act upon their data to stay ahead of the curve and to be competitive.

Lumen's combination of global technology infrastructure, powerful business solutions and industry-leading services creates the platform to help our customers excel in this new industrial age and produce amazing things.

Lumen president and CEO Jeff Storey comments on new brand name, new purpose:

"Our people are dedicated to furthering human progress through technology. Lumen is all about enabling the amazing potential of our customers, by utilizing our technology platform, our people, and our relationships with customers and partners."

Hear from Jeff Storey: https://news.lumen.com/jeff-storey-introduces-lumen

The Platform for Amazing ThingsThe Lumen Platform helps our customers capitalize on emerging technologies of the 4th Industrial Revolution to deliver amazing things such as smart cities, retail and industrial robotics, real-time virtual collaboration and automated factories, as well as power today's business applications that require high-performance networking and security. The platform brings together our highly interconnected global fiber network infrastructure, edge cloud capabilities, and security and communication and collaboration solutions to deliver a fast and secure foundation for the application and data services vital to our customers' success.

Lumen executive vice president and chief marketing officer Shaun Andrews comments on the platform:

"All of our futures will be driven by smart things, applications and digital services that use data for transformational purposes. To serve this colossal need and further human progress through technology, we have launched Lumen and are delivering our technology through the Lumen Platform, a platform for amazing things."

Hear from Shaun Andrews: https://news.lumen.com/shaun-andrews-platform-for-amazing-things

Lumen's worldwide fiber network infrastructure and complementary capabilities deliver unique competitive advantages to customers in four key areas:
Adaptive Networking: Lumen provides hybrid network solutions built to quickly respond to customers' ever-changing data and application needs. Edge Cloud & IT Agility: Lumen enhances application experiences by delivering low-latency, high performance data access and by moving data and workloads closer to where customers need them. Connected Security: Lumen offers global threat intelligence, network-based security controls and deep security expertise to help customers protect their data and applications against constantly evolving threats. Communications & Collaboration: Lumen's communication and collaboration solutions make it easy for people to stay connected, productive and engaged wherever they are located.
CenturyLink, with its strong heritage, will remain as a trusted brand for residential and small business customers over traditional networks in the United States.

Lumen Financial InformationThe company does not intend to change its financial strategy or financial reporting as a result of this announcement. Effective with the opening of the trading day on Sept. 18, 2020, the company stock ticker will change from CTL to LUMN.

Legal Name ChangeThe legal name of CenturyLink, Inc. is expected to be formally changed to Lumen Technologies, Inc. upon the satisfaction of all legal and regulatory requirements.

About LumenLumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With 450,000 route fiber miles serving customers in more than 60 countries, we deliver the fastest, most secure global platform for applications and data to help businesses, government and communities deliver amazing experiences.

Learn more about Lumen's network, edge cloud, security and communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies.

Lumen and Lumen Technologies are registered trademarks of Lumen Technologies, LLC in the United States. Lumen Technologies, LLC is a wholly-owned affiliate of CenturyLink, Inc.

[eastunder]

CenturyLink to Change Name to Lumen Technologies
11:56 AM ET, 09/14/2020 - MT Newswires

11:56 AM EDT, 09/14/2020 (MT Newswires) -- CenturyLink (CTL), is rebranding itself as the telecommunications company plans to change its name to Lumen Technologies.

The company said it does not intend to change its financial strategy or financial reporting as a result of this announcement, but its ticker symbol will change from "CTL" to "LUMN" effective with the opening of the trading on Sept. 18.

Price: 10.99, Change: +0.34, Percent Change: +3.19

[whytestocks]

News: $CTL 3 Dividend Stocks I'd Buy Right Now

Investors love their dividend stocks -- especially with the current low-interest-rate environment we're in now. However, investors looking for dividend stocks today also face a quandary; many "safer" dividend-paying stocks have been bid up to very high levels, lowering their yields. Meanwhile, a...

In case you are interested CTL - 3 Dividend Stocks I'd Buy Right Now

[birdguy]

To me the important thing is that the cash flow appears to be solid enough to protect the dividend and at the same time be able to seriously continue to pay down debt. I do not expect them to raise the dividend any time in the near future. A dividend over 9% is nothing to laugh at.

I have assumed that the large short interest is because of the large debt and as that gets paid down the short interest should slowly come down.

Am always open to conflicting opinions on both of the above statements.

[totffe]

75% of shares owned by institutions. That should tell you something. 10% of stock is short. That should tell you even more.

[whytestocks]

News: $CTL 3 Dividend-Paying Tech Stocks to Buy Right Now

Though viewed broadly, the stock market is booming, there are really only a few types of stocks that are working right now. Among them are technology stocks, which are benefiting from long-term digital trends and the stay-at-home-economy. Another in-favor variety are dividend-payers -- or, at le...

Read the whole news CTL - 3 Dividend-Paying Tech Stocks to Buy Right Now

[KarlDieGlatze]

It's all in the SEC filings. Do your homework, as every professional investor must.

[Topfuel]

Could you clarify more about the November poison pill and your thoughts about that.
thanks

[KarlDieGlatze]

Yes, we are invested heavily in this company like Charles T. Munger teaches. We can't get enough of it at these SILLY PRICES. We believe in focused, CONCENTRATED INVESTING!

They remain THE FIBER BARONS to the world, just like their predecessor company, Level 3 Communications(LVLT), was built to be.

Wait for the poison pill to end in November. Then, all the shenanigans by these firms and analysts on THE SELL SIDE will end with it, and the stock will TRIPLE minimally.

In the meantime, the CEO STOREY is WEAK like his heart since he continues to enable a SELL SIDE NARRATIVE to weigh against internal prospects.

If we owned a control stake, we would fire him FORTHWITH! Good will hunting on this one, it will pay off big!

[aCryptoKing]

Still following this. Initiating some DD & wondering if anyone has any thoughts on it? Thanks in advance...

[aCryptoKing]

Stock has serious potential & moves nicely,... May be a bit range-bound & lovable for that reason ALONE. But, we'll have to see for sure in a bit won't we!

[aCryptoKing]

Are you still following this company & where do you see it going in the near to mid-term?

I'm NOT exactly sure how I feel about this sector. It SHOULD BE experiencing growth & strengthening with deeper roots, a broader reach & a bright future.

Only just started looking in however & I can't really figure out if the sector is so segmented, ultra competitive &/or saturated at this point & if so when it might consolidate a bit.

Seems like the value isn't being reflected in the stock but... I'm just starting my DD here...

Any advice or input is greatly appreciated... TIA

[aCryptoKing]

Have they given an update on the divi & can anyone tell me where it currently stands?

Thanking you all kindly in advance. Initiating my coverage here... TY

[KarlDieGlatze]

Chick Filet win very interesting since many if not most of their venues are "free standing" much like McDonald's......Notrom form the Investor Village board once mislead me that McDonald's would follow LVLT, now CTL's Starbucks/Google win earlier. Where is poor Notrom? He must really be dead.

It looks like CTL has very focused abilities to single standing venues with their fiber runs now, and this is a big change especially since they are not doing it without making high returns on their capital.

Jeff sounds tired. He's working hard, but he's a doing a damn good job. Keep it up, so you can finally cede T and VZ and not be treated like they have treated you and your shareholders for way too long now considering the SUPERIOR NETWORK you own and control. EOM