The second chart of Lumber Liquidators, above, shows the long and painful decline the past two years. Prices are below the declining 40-week moving average. The Moving Average Convergence Divergence (MACD) oscillator is bearish and the OBV line on this timeframe is no help to the bulls.
Traders looking for a turnaround situation, or buying a distressed stock that may be overdone on the downside, will probably be disappointed. Lumber Liquidators has yet to bottom and anxious sellers will likely cap the upside.
wait until wives start suing separated husbands for installing it on purpose. And sect 8 renters suing landlords for installing $0.49 flooring in their free apartments.
People did not buy flooring expecting any chance of cancer or health risk. And they also have a right to have it removed at LL cost for that breach