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Replies to #3920 on LEVEL 3 (LVLT)
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Prudent Capitalist

03/13/17 10:46 AM

#3921 RE: Jerry70 #3920

Excellent article here on history of Level 3 and heavy losses for long time investors. Very sad, as there was so much promise to begin with. The charts (arrow over from 1st pic) showing the share price performance both before the reverse 1-for-15 share split, and after the reverse split, speak volumes. The current share price computes to less than $4 pre-split, compared to the $132+ high.

http://www.omaha.com/money/level-which-started-with-hopes-of-riches-but-ended-with/article_8259659b-2ba4-5248-90ca-e00eda0a0eec.html