Lumber Liquidators Weighs Libel Suit Against CBS to all the longs position hold your shares tight
The short sellers will try to buy the shares back as fast as they can
LL will win for sure because CPSC agency is using the same testing method the LL has used.
Good Luck Longs now it is time for Short sellers run for cover """"margin """
If LL clear with Safety Commission investigation Tilson will be in trouble just like Bill Ackman
I hope he did not cover his shorts position I want him to feel the pain just like I did for a few months now..
CNBC said very dangerous to short this stock! 44$ sell short watch for MEGA short squeeze
Sullivan, and its CEO, Robert M. Lynch, together sold $19 million in stock
that was my guess because too many negative PRs were released I do not own any share just stand on the sideline and watching this is too much risk for me I wouldn't take short or long position
if I am going to gamble I would go to Casino at lease I get pretty women with big #$%$ serve me a drink!
Keep your eyes open for the first hour down 5-10% or up 5-10% which ways if you guess right you will make some money but if you are wrong you will be standing in the corner of the intersection hold up a sign WORK FOR FOOD
This kind of bad publicity will stay with the company till the end 2015 if the company can prove the flooring is compliant if not the company be facing fines and legal fees and t hat is not mention the products will keep decreasing in sells and already drop more than 12% in sells the current quarter doesn't look good.
It is very attractive to me to buy this stock from $108 to $30 but my brokerage recommended NO marked as AVOID
LL have to face many law sued and will be costing lots of money for legals fees
this kind of bad publicity will be impacting the sells who wants to have toxic wood in their living room?
On Thursday after the CEO released the PR that he believed laminated wood is safe but there is no test being done and offer to test laminate wood that had been installed .
1th delay, 2nd delay Now another delay and the CEO out of the the company What next???
I am really surprise this stock still hold above $30 my guess it will be less than $20 by the end of the week