Investors run towards disaster -- Lumen is a complete disaster.
Lumen *could* be a possible risky bet with a rise in interest rates. A LOT of the risk has been priced out with a complete COLLAPSE of the price. They have a lot of debt, not as much as other companies. What are we buying here? Telecom infrastructure and computing edge technology (google it). Which is physical telephone poles in the good ole' US of A. They are a subcompany of AT&T and the old Bell System (I don't want to use the term 'subsidy' because that's not accurate More Info Here), which is one of the largest telecom companies in the US -- likely NOT to go under....ever.
We all know what the Fed is likely to do -- the dollars tomorrow will be worth less than today's. However, serious investors understand that they should run towards a disaster instead of hiding -- Lumen could be that disaster, at least in the short term as the chart indicates.
This is a long term play, not a short one. Let's assume the all time high would be challenged, that's almost a 25x from here! It's not going to happy ANY TIME soon, nor should you make the assumption that it will happen. What do we know? That it's a GREAT buying opportunity right now for the long term. We are talking at least 2030 - 2035 timeframe -- at a MINIMUM!
We all know what the Fed is likely to do -- the dollars tomorrow will be worth less than today's. However, serious investors understand that they should run towards a disaster instead of hiding -- Lumen could be that disaster, at least in the short term as the chart indicates.
This is a long term play, not a short one. Let's assume the all time high would be challenged, that's almost a 25x from here! It's not going to happy ANY TIME soon, nor should you make the assumption that it will happen. What do we know? That it's a GREAT buying opportunity right now for the long term. We are talking at least 2030 - 2035 timeframe -- at a MINIMUM!