$Lumen Technologies(LUMN)$ Gre

$Lumen Technologies(LUMN)$ Great turnaround week for LUMN -- however, we don't trust it and all the puffery was met with a -40% in 3 days after the AH high on Tues. We know this Sector (30 years working directly in the C-Suites for Fiber network rollouts) and Company (in its previous structure) very well. This sector always run through a few "spikes" only to be ground down to "dumb pipe" realities. You can puff all you want, however, LUMN is no different. The "spikes" for this sector in the past 5-7 years have gone from months to days. Thus, we fully expect this current spike to largely be extinguished by the latest, late August. LUMN is worth, at most, $3.00 - 3.50/share. Have a great weekend all.

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