You still haven't sent me a screen shot from the Level 3 web site showing the URL and "Level 3 provides to the holders of 500 or more shares who also meet certain other criteria, an Executive Overview of the Annual Shareholder Report. This report is available only to featured shareholders and is not freely distributed."
I know you posted and then deleted a message that lied about having sent it. Just send it and copy some of the other members of this message board -- particularly ones that don't agree with you.
Otherwise, you can admit you just made it up.
This is your first post in almost four years. Did you just get out or are were you upgraded to trustee and allowed to use a computer in the prison library?
Of course it is possible that you are one of Robber's many personalities and have just awaken after a long sleep.
And being a LVLT employee from 1999 to 2006 I can see why you are bitter about the stock price crashing. You are stuck in a bad point in your time line.
You are sounding like a typical bagholder trying to justify his stock ownership. This was very common during the 2000-2006 era when every price drop was a "buying opportunity" and every increase, no matter how short lived was the result of " secret revenues" generated by "secret customers". And yet the stock has never even gotten back to it's IPO price..... even after 17 years.
For an investor that is willing to ride out the volitility it is better to hold the shares rather than sell them at this point.
I have been trading LVLT since it bought Broadwing. I did fairly well on that. The only downside was that the majority of the purchase was in cash and the profits taxable. The IRS looked at it as a sell of Broadwing and a purchase of LVLT. Thus immediately selling the LVLT shares I had in a taxable account did not incur additional taxes.
Since then I have bought and sold LVLT shares and options -- mostly in IRAs. I am currently long shares at an average price of $43.68. However, my long dated option poition is under water.
In case you were curios I am not a stand out investor and this year has not been good because of the recent unrealized losses in long dated options which I believe will correct itself.
Annualized Returns As of May 31, 2015 accoding to Fidelity:
Account YTD 1-Year 3-Year 5-Year 10-Year
All Accounts 4.04% 24.53% 47.51% 24.26% 14.49%
Please note that the above includes all trading not just LVLT.
As to my screen name you didn't comment on the 1929 portion. Although that was before I was born I thought every trader should keep in mind market disasters happen and to be prepared.
Level 3 Communications Inc. acquired Internet security firm Black Lotus on Wednesday to expand the cyber security capabilities it began emphasizing earlier this year.
You seem like ur what Donna called, an "uber long"... Just wondering why you would choose buy/sell as your name if its soooo bad to sell lvlt? Or did yahoo pick it for you in a bundle of 100 names
In one of you tirades you said: "IT'S A WELL KNOWN FACT THAT I WORKED AT LEVEL 3 FROM 1999 THROUGH 2006." Did you get stock options as part of your compensation and got burned when Level 3's stock price crashed?
Were you part of the folks that were redundent when Level 3 bought Broadwing?
Now you are going to say you were shorting Level 3 stock while you worked there.
Good comedians you laugh with. Bad comedians you laugh at. Unfortunately (or fortunately depending on your viewpoint) you are in the latter not the former.