RE:Reasons I own 300 shares of LUMN @ two and change. Two years ago LUMN was $15. The day before Halloween it was selling for $.78. It's currenlty @ $1.54.
Risk/reward here is I think worth holding the stock. There are a billion shares out. LUMN could do a 1:10 tommorow and I don't think it would have any practical long term effect on the stock price. Google says ~62% of LUMN is owned by institutions.