Vetr upgraded shares of Lumber Liquidators Holdings (NYSE:LL) from a hold rating to a buy rating in a report released on Monday. Vetr currently has $26.01 price objective on the stock. First company to tell the truth Thanks Vetr Inc.
Crammer says. If one or more of the major short players decided they didn't want to participate further in driving the share price down, and decided to buy to cover, this would create a major problem for those other major short players. The remaining major short players would not only have to drive the price down based on selling shares to new longs but would also have to sell shares to those other major short players buying to cover their shorts. The remaining short players would not be able to manipulate the stock share price as easy as they did working together.
Seeking Alpha is finally reporting the truth that all us longs have been saying for month now. Shorts are going after Seeking Alpha posting the same trash as they have posted here, especially the people that are seeking easy money. Based on all the information gathered so far, and because there is no national formaldehyde level standard for composite wood, the odds of a class action dismissal, in my opinion, is very high. If there is any possibility for damages, they will only be in California. That will also depend on the plaintiffs proving that Lumber Liquidators intentionally mislabeled the products. To date, no proof has been found that shows intentional mislabeling. I estimate the total possible damages awarded to be less than $10 million.
It is odd, in my opinion, that CARB documents are at odds with themselves. On the one hand, they require very tight regulations with regards to formaldehyde levels emitted from laminated flooring, while on the other hand, they post no regulations on natural gas. The reason that this information is extremely important is that cooking is something we all do on a daily basis and, based on CARB's own study, cooking with natural gas can release formaldehyde at a rate of up to 1,200 ppb while cooking for hours.
it good to see someone finally reporting the truth. Seeking Alpha is getting
This is over 10 times the level CARB considers safe for laminate flooring and we do this on a daily basis by choice inside our home.
This puts a much higher burden of proof on the class action lawsuits:
The class actions need to prove that nothing inside the home can generate high levels of formaldehyde
Deconstruction is the required method
The wood laminate is the only source of high levels of formaldehyde
The high levels of formaldehyde from the laminates actually caused harm
When are the insurance companies going to back up Lumber Liquidator??? Lumber Liquidator has a lawsuit filed against LIBERTY Mutual for failing to honor their liability contracts.
Lumber Liquidators is having a sale and discount on their share prices today. You will not get another chance to lock in these cheap prices again. Investor be warned. last chance to buy ! This is a great deal.
I got this letter that was leaked out by the Chinese Embassy in Houston Tx. Names were not revealed but a prominent U.S. hedge fund manager was also involved, and the two Chinamen on 60 minutes were arrested.
How much did they pay for Lumber Liquidator insider trading information in order the short the stock last Friday. SEC will find out.
LL has high paying lawyer filing suit against them , Base on the lawyer ego's they will not quite until they get some kind of settlement with lumber liquidator. However the whole industry is taking notice of these lawsuit because they can be next in line. In the financial world this appear to be a bear raid pure and simple with the lawsuit as a cover up for the motive of shorting the stock. It could have been any company..
I was born 70 miles North of Kansas City on a wheat farm. At that time the land was Called United States of America. One language spoken, no shorts or lawyers. moved to Orlando Florida when I was 8 years old, picked up the southern draw and love to fish. became a professional firefighter than moved to Houston Texas after meeting a nice looking Texas girl. Never seen a illegal until I moved to Texas. Got married had 3 children. Work doing Cat Scan for many year and than work with wood flooring for over 25 years, Got hurt when a tree fell on me, almost died. Been investing for the last 6 years and had made a lot of money. It Paid for my daughters college and wedding by selling call options. Hate lawyers and people that short good companies for no other reason except to make money. If the company was really doing bad financially so be it.. Lumber liquidator is a good test in seeing where this country is headed. So far Iraq and China has been getting better support than Lumber liquidator. Tearing up good American companies is just wrong and I am not proud of it. 60 year old man likes homegrown tomatoes.
Some of the glues the people use to lay their own flooring like the Chicago couple that got sick the other day is not uncommon especially for amateurs installers that just happen to use professional grade glues. The room need to be well vented. The glue once applied to the floor needs to have a least a 15 minute open time before the flooring is laid. Once the job is completed the room should never be lived in until a least three days to allow the vapors to dissipate. Room need to be vented once a day until the glue smell is gone.This is on all label warning. They should always use a mask over their face will installing. If you want good glue that last a life time you going to have to play by the rules and read directions.
This process shouldn't take more than two more month. LL has a good case and has 16 liability policy from just one company Liberty Mutual. News flash if you get in trouble liberty Mutual will not help. It looking good for LL. You can follow every movement in this court battle but you need to pay around $395.00 for the service.
This is a big issue that the shorts and 60 minutes want to avoid talking about. keep posting about these facts. Thanks
There is a lot of people that are currently being hurt and injured by the 60 minute lie. 60 minutes knew all the long that their testing was inaccurate, yet they couldn't tell the truth when even the their own independent testing laboratory said that 60 minutes test were flawed. 60 minutes hired this expert company. Bug 60 minute everyday until they make a public announcement to correct their wrong doing.
The lawyer just lost for submitting 60 minutes as evident. China already stated that they do not recognize these china men featured on 60 minutes or the flooring. 60 minutes own hired lab tester said that the deconstruction process used in 60 minutes is flawed and not dependable. CARB stated that LL flooring was tested and found the flooring to be fine and ok. EPA has no position on the matter. I guess Lumber Liquidator should make up their own 60 minute program and submit it as evident. China said that 60 minutes was illegally filmed in China and without their permission which than cannot be used in a court of law. here in the United States of America. Directly from the horses mouth.
They have a lady at California Air Resources Board that is strictly handling the formaldehyde questions and answer. A real nice lady and very smart. We talked about different ways of testing a finish product to make sure it was safe. She did have a point about the tongue and groove in most flooring products not being sealed from vapors leaks. There are a few cases being look at where the flooring have been admitting a fume for over a month but they cannot determine the source. They are testing rooms that only have wood flooring laid inside with no other formaldehyde sources in the room for a accurate reading. I will be making more suggestion to her next week but we cover most issues. She said they are currently investigating a lot of other companies with similar problems and it is not just Lumber Liquidator problem anymore.. Other retails are being looked as well. .She say it going to take a while before a official statement will be released because the law must be applied equally. She 100 % percent s backing up Lumber Liquidator testing program. No Problem. She going into a meeting right now to discuss the issues. She wanted to transfer me to the fine department but that will be another day. I HAVE THE NUMBER IF YOU LIKE.
Wars were fought last week. Winner and Losers. Coming this week is "Easy Money Monday" Nothing that anyone can say here can move this stock on Monday. Relax . Buy a few shares no problem. Shorts are under some pressure to cover after the Seeking Alpha article. Of course longs have been warning the short to cover for months. Shorts got a break last Friday as the stock was lower to 50 cent at one time. I am seeing green on Monday but that my own opinion. Drink a beer. or water
Seeking Alfa clear up a lot of question in their article titled Lumber Liquidators Should Benefit From Upcoming CPSC Ruling today.
Easy call. Fair value of $17.00 per share is lower end price for this stock after the merger. There money to be made here to the smart investor.