what aggressive and beligerant responses to my post.. lighten up.. and cover.. you are on the wrong side of this trade. Company can and will probably put itself up for sale... and you will be in even more pain.. we are in the sweet spot of a new housing cycle. they may move to sell more hardwood floors over laminate since all laminate has a tarnished reputation.. which means even bigger sales. up today again and will continue to go higher IMO
LL can now be acquired.. a new company like HD could buy it and bring it back to the glory of the old days.. before its' reputation was damaged by bad and unfair press.. a double soon from here if the market holds up..
maybe you haver a 10% hair loss but I am talking about a haircut..HA! anyway I meant in one day.. there are reasons the stock price has declined from the high.. I owne the stock since the low single digits and when it got to 10 one long time investor wrote that it was overpriced... I have no idea about prtice here... just willing to take the risk for a high return. ..try rogaine the foam...
is light.. that means that institutions are not selling.. although large trade after hours.. wa it a buy or sell? and does it really matter if instituions are not selling.. stock price is technically good.. but I dont like to see a 10% haircut..still in and still expecting a psoitive outcome. (but I could do without the drama)