I got a real scare this morning, when I saw one of my short positions, Lumen (LUMN) was absolutely roaring higher thanks to Mark Zuckerberg prancing out and announcing that META and LUMN were going to enter into a partnership related to — what else? – – AI. Mercifully, after the market digested the news for a bit, they decided that it was a total BFD situation.
I thus remain fully positioned in Lumen, and the huge pop in the stock has rotted into my favorite color again, red.
