Short squeeze start this Friday July 31st. Buy before the run up !!!
A Huge short squeeze is called for Lumber Liquidator starts on July 31st on Friday.
Short squeeze Alert ! . Up coming news on Lumber liquidator stock, Calling for a short squeeze for July 31 st Friday Morning which will continue 3 days before earning and after the conference call. . Stock Lumber Liquidator symbol LL Short percent of float 33.79% Days to cover 4.4 days .Everyone is invited. Early Birds get the worm. I More to come. Enjoy.
Wrong. There are now hundreds of investor ready to buy on Friday or early Thursday that making all the noise. The army is coming and you cannot stop the bull run like the union army that ran more than a hundred plus years ago. Waving the white flag will not work short stuff. Sorry there is no aliases in our numbers.
Very difficult for the short sellers to buy back shares they are still holding short. Bull Running !!! Institutional ownership of Lumber Liquidators increased by 2.6 million shares. Currently there is a huge deficit in shares that are available for shorts to cover. That right. A bull run on lumber Liquidator stock would wreck havoc sending the price of LL stock over $60.00 per share in a few days.Very difficult for the short sellers to buy back shares they are still holding short. Bull Running !!!
I did notice that at times during the day , the share price that was being displayed on Yahoo during the day was actually lowered below the current bidding price. Some time by 8 cents or more. There was never a sell at that lower price which was being displayed. This gives a false reading to investor that the stock is going down fast. Hmmm!
Yelp ! 60 minutes is a magic TV show where China manager appear out of no where and than disappear into thin air. The formal FBI agent have been looking for the bunch for months now and the Chinese government admits they do not know who these birds are. Even the filming location in China cannot be verify.
That usually the case reason being it allows everyone time to digest the news over a couple of days and give management time to come up with a better response for the Monday or Tuesday press conference. Not beating earning has never been in the cards?
Lumber Liquidators' (NYSE:LL) stock has been crushed over the past year-plus. Since topping out at around $110 in early 2014, it's fallen to $19 and change on bad news and scandal ranging from slowing sales growth, to allegations of buying illegally harvested wood, to the more recent allegations that its Chinese-made laminate products contain potentially harmful levels of formaldehyde.
In short, investors have fled this stock like it had a combination of Ebola and swine flu.
And the company remains exposed. The Department of Justice is proceeding with charges under the Lacey Act related to the illegally harvested hardwood, which could cost tens of millions of dollars in fines. The company says it has fixed its sourcing processes, but fines are a foregone conclusion at this point.
The bigger risk concerns the formaldehyde allegations. While the California Air Resources Board -- the only government agency that regulates formaldehyde in consumer products -- has remained closed-lipped about the issue (indicating it's satisfied the company is meeting its requirements), the U.S. Consumer Products Safety Commission announced that it will conduct tests. If it finds the products produce potentially harmful levels of formaldehyde emissions, the financial and PR blow could be devastating.
The CPSC announcement said it will use "real-world" testing methods, which supports Lumber Liquidators' position that accusers haven't used proper testing methods. If the company has been straight with its claims, the CPSC testing could actually lead to vindication.
There remains risk. But even a glimmer of positive news is likely to send the stock shooting back up, and in a very big way.
Buy on any good dip today, Big Money is coming soon. Consider today price as your good fortune.
LL stock is now being consider as a stock to buy for long term investor as oppose to some blue chip stock that are now consider over valued. Consider that interest rate should be going up later this year, the blue chip will lose the most of their current value. LL is now consider low risk. bottom out.
They haven' t been looking for one right now. The right one will come around but only high quality CEO will be considered. You might want to wait for the conference call for your answers to be full filled.
Hold those shares and slowly be buying in. I love how everybody have been keeping the short interest enthusiastic about their position by making a false down turn in the stock price today, and by adding to the flavor with a down market. Nice going. Pressure is building..
Everyone need to consider that 60 minutes magic TV show had a effect and LL has done a great job recovering since that time.
Thursday will be interesting.
Actually the manufacture of the product is responsible. not the retailer. If it a USA base company. The retailer which is LL sold the product in good faith. There is some kind of law that lets the foreign companies off the hooks, free from lawsuits .. LL cannot sue China or Russia. The only punishment they will incur will be from the lack of business in which many companies has stop buying China made flooring products. So basically LL is taking all the heat for a foreign company. There no proof of wrong doing anyway reason being 60 minutes TV show has been proven incorrect. There have been a few country in which their government has allowed the rertailer to sue a foreign manufacture and have won a verdict..... It not fair that how it goes.
Most of those question will be answer during the upcoming press conference call. However everyone and their brother would love to buy in early, before earnings, and be 100% that the bottom has been reached.... The company has plenty of cash flow and has low dept. Not bad for a expanding company with over 300 stores and growing. If it wasn't for the magic TV show 60 minutes this stock would still be in the $60.00 per share range. The investor will have a change perception about the company future by simply listening to Mr. Sullivan presentation about his future strategy growth plans for the company. There are thousands of small stores that sell wood flooring but cannot match LL prices for the exact same product ... Chain stores always get the best prices. I could go one for days but leave it at that. See on earnings