Thread regarding Lumen Technologies layoffs

"I have a professional designation"

Lol. Sounds like a PMP to me. Useless.
Good thing you retired. One less project management id--t in the company.

LOL, the jealousy is apparent. You have no idea what my finances are. I'm set for life, with very minimal risk. And unlike your ancient, useless copper skills, my skills are versatile, I have a professional designation and I'll be able to work whenever I want. But believe me, I won't want to. There's too much fun stuff to do.

Thanks again Kate and Chris! Amazing leaders

Keyboard warrior say anything to make it sound good.

The saltiness here warms my heart. Yes, I had a boatload of shares (in fact, my initial buys were much higher but I loaded the boat sub-$2). And more importantly, a boatload of cheap options that suddenly became not so cheap. If you think a 500% gain in the stock is nice, try several thousand percent in my options.

After Satish and Dave got on board, it became very apparent to me that big things were brewing. After the TSA pushed out the debt, it became very apparent that there was plenty of runway to execute. Nothing is for sure, but I identified a life-changing opportunity and I took it.

For those who think that I'll run out of money, please save yourself the jealousy. I live a relatively simple life so a few million dollars is plenty. In fact, odds are it'll only get bigger as my investment earnings outpace my spend.

Admit you were wrong. Just because your job no longer matters to Lumen, doesn't mean Lumen isn't going to survive and thrive. That's what a transformation is - includes transformation of personnel. Clearly Kate has done an amazing job cutting out the non-performers.

"At the age of 41, you wont last long.
You'll be back in the workforce by 45."

LOL, the jealousy is apparent. You have no idea what my finances are. I'm set for life, with very minimal risk. And unlike your ancient, useless copper skills, my skills are versatile, I have a professional designation and I'll be able to work whenever I want. But believe me, I won't want to. There's too much fun stuff to do.

Thanks again Kate and Chris! Amazing leaders.

Even he knows the financials of this company cant sustain its current trading levels. This is a legit 2-3 dollar stock with the announced growth on the horizon. The only reason its over 5 is because the reddit traders expect it to jump another 5 dollars in a week.
1 day ago by Anonymous | 2 reactions (+2/-0)
Post ID: @5oxj+1tTLaFNs

$5B with a $3.3B estimated capex, is no big growth there.

Goff is selling because he's retired/kicked out the door and is no longer required to hold onto it.

Hmmm...if Stacey believed a takeover was imminent, would he have sold so much stock at this run-up?

Even he knows the financials of this company cant sustain its current trading levels. This is a legit 2-3 dollar stock with the announced growth on the horizon. The only reason its over 5 is because the reddit traders expect it to jump another 5 dollars in a week.

Stacey Goff just sold almost $3 million worth of shares total, in 2 separate transactions. Go to https://www.nasdaq.com/market-activity/stocks/lumn/sec-filings and look at the two latest Form 144 filings. 2.3 million in 1, other one $495,000 .

seems like Kate Johnson has about 7 million shares, Ashley Haynes Gaspar has about 1.3 million.

Maybe
At 41 you’ll do some good fir this world since you have time now

GOFF STACEY W just cashed out. SEC form 144.

Details?

P7 (principal engineer and directors) and up got cash quarterly instead of stock the last two years, and the "performance based" stock grants were zeroed out because the performance of the company has been awful.
that showed the faith of the SLT in the stock price. they didn't have any, so gave out cash to try to get people to stay.
1 day ago by Anonymous | 3 reactions (+3/-0)
Post ID: @1uou+1tTLaFNs

GOFF STACEY W just cashed out. SEC form 144.

P7 (principal engineer and directors) and up got cash quarterly instead of stock the last two years, and the "performance based" stock grants were zeroed out because the performance of the company has been awful.

that showed the faith of the SLT in the stock price. they didn't have any, so gave out cash to try to get people to stay.

There's nothing wrong with living off of Mom's social security.

Directors and above got minimum $52-87k in RSus so it is possible although I thought the last 2 years they paid out LTI in cash instead of RSUs

I put a couple thousand into it at .99, dumped it today at 7.39
Don’t care if it goes higher, this made up for the bonuses they took from me. Lol

Maybe he threw his grandmas money on LUMN stock like the other guy did with Intel.

Right, I bought a bunch and it has gone up a lot relatively speaking but, I couldn't retire on this lol. That's why I'm asking how much to get some context otherwise I'm rather confused....

It's easy to quit at 41 when you still live at your Mom and Dads

Who in their right minds would have invested 100k in Lumen at $1 a few weeks ago and on the verge of bankruptcy. Unless they already had major money to play with. A couple grand I can see as a lottery play. But major money? Ask those people who are still stuck at over 11 for years.
I call bs.

"At the age of 41, you wont last long.
You'll be back in the workforce by 45.
By then, with age discrimination, you will not be able to find much except for fast foods technician or Walmart technician. "

LOL....so true. You wonder what he thinks is retirement money. What did he have 100k shares @ $1? And even then its not enough to retire on at 41. Get back to work.

At the age of 41, you wont last long.
You'll be back in the workforce by 45.
By then, with age discrimination, you will not be able to find much except for fast foods technician or Walmart technician.

Why? The Lumen stock soared to 6.42.
Possible 10.00 by end of the day.