Love how short sellers foam at mouth. Feel sorry for you and your kind as since you can't understand a 45PE guess you never owned: Microsoft, Amgen, Cisco, APPL, EBAY, NIKE, Home Depot, etc. I can go on and on. Can stocks get ahead of themselves, can momentum be to strong? Sure, but that is how a trader watches charts and gets out. But just ranting about all high PE's is a joke, you would have missed every game changing winner in past 100 years.
They sell boards- not Software, Routers, Bio-pharmaceuticals,MacBooks, or E-Commerce. Nor do they have a spokesperson like Michael Jordon selling their shoes (which are worn /purchased by everyone and they wear out every few months----unlike flooring. Flooring is reliant upon large $ purchases and directly tied to the housing industry. Housing has never fully recovered, and a new floor is a major purchase. There is nothing proprietary about this company, Lumber Liquidators. Are they liquidating lumber or selling it for dollars? Even the name is cheesy, and doesn't make logical sense. Its just another momentum play like Tesla, Chipotle, and Netflix. (which has a lot more going for it, BTW)
Did u check WCG chart (RAID), and then ENRON, CHK, DMND, OPEN at 120, SODA? I won AMGN, and GILD. They do good, this one is just a scam..manipulating stock, and then ICE raid. They cheat their own customers, this is going to be bad..yes losing customer pain, and publicity on product quality will kill them.