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Re: Ecomike post# 212

Monday, 09/26/2022 12:33:55 PM

Monday, September 26, 2022 12:33:55 PM

Post# of 1075
$LUMN update, still paying about a 12% dividend, PE about 4:1, way under valued because of the market and debt coming due in 2023/2024.. and market down turn, issued an 8-K of debt buy back. https://ih.advfn.com/stock-market/NYSE/lumen-technologies-LUMN/stock-news/89142815/lumen-announces-any-and-all-cash-tender-offers
LUMN is still on a down trend, so not clue where the bottom is yet, I am looking to buy more. If the new CEO cuts the dividend it goes lower. If the new CEO PRs or 10-Q files plans to keep the dividend, this rallies and sets the low. I old enough to want IRA dividend stocks, and this market is drop gifts before the christmas season...
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