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Two reasons as you already feel frustrated with sale/revenue.. yesterday, LUMN just paid off $231M of debt and move $1B of debt to 2029. today, there are 1.9M share traded so far, meaning $800K ($0.42*1.9) and LUMN lost 465M valuation and short make $39M (92.6M*$0.42).. it is very artificial. Storey complained about low valuation. Does he know the cause of low valuation? and how to fight it back? apparently, not. LUMN needs a CEO with background extended to sales and finance... |
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