LUMN, a potential squeeze of a good company.
LUMN stock has excellent catalysts, and may have high short float. The thing has done nothing but go up for the past week. Short float is listed as 13.8% on finviz, but decreasing borrowable shares indicate that it may be substantially higher.
Attached is a list of catalysts for Lumen. Also, they announced new partnerships with Microsoft and Corning. Also their CEO, who bought 700,000 shares at $1.28, is speaking on CNBC tonight
Lumen essentially owns the infrastucture (in terms of fiber communication cabling) that, in their words, "powers the next generation of AI."
Also, on a more personal note, I like the ticker 'LUMN' itself, it has a cool connotation.
I have a long position here.
LUMN stock has excellent catalysts, and may have high short float. The thing has done nothing but go up for the past week. Short float is listed as 13.8% on finviz, but decreasing borrowable shares indicate that it may be substantially higher.
Attached is a list of catalysts for Lumen. Also, they announced new partnerships with Microsoft and Corning. Also their CEO, who bought 700,000 shares at $1.28, is speaking on CNBC tonight
Lumen essentially owns the infrastucture (in terms of fiber communication cabling) that, in their words, "powers the next generation of AI."
Also, on a more personal note, I like the ticker 'LUMN' itself, it has a cool connotation.
I have a long position here.