The CEO managed to get out before the CFO and that was announced on April 29th. The 2 most important positions in company. Sullivan can still buy some stock if he wants though.
You don't care that he started buying at $80? Besides that, you make some valid points. But I have never said LL broke any laws or regulations. I have also seen a lot of stocks go to 0 without breaking laws or regulations. This stock may or may not work out. I sold my long term position to limit my losses after losing faith in management.
I am trying to figure who is the bigger idiot, you or shimershack...it is a toss of a coin. heads you are idiot, tails he is idiot.
It is not garbage because I sold. Like I said, keep buying, which I have my doubts that you are anyway. You post soooooooooo much #$%$. I figure you are so far underwater. You need to draw a line in the sand and say, I am going to get out. A lot of stocks go to 0
and keep averaging down all the way and see how far that gets you
I am not concerned about the whole video...just the part at 8 min 40 seconds. I sold because he said something like "I wish I could buy", but couldn't because of quiet period. He may not be as big a liar as Tilson, but I don't trust him all the same. He was never planning on purchasing and not one of the other insiders are buying either. As cheap as this stock looks, I think it is going to get a lot cheaper. And for myself, I need to look for a different bargain.
biff, listen to this video at 8 minutes and 40 seconds and you will see why I sold: http://video.cnbc.com/gallery/?video=3000361595
No, I bought at 30.50 more at 34, sold at 33.50 and 27.18. I sold because insiders were not buying. But a fund would have sold to not have it on his books at the end of the quarter. First day of trading after 60 minutes piece was after the March quarter. Poor hedge funds had to explain that one to their clients. But I love a bargain and come back to board from time to time. Sorry for beating a dead horse about this insider buying.
in fact, here is the link, right on Yahoo: http://www.marketwatch.com/story/paul-tudor-jones-hedge-fund-adds-stake-in-lumber-liquidators-sells-off-verizon-during-first-quarter-2015-05-15?siteid=yhoof2
show me...I say this: Tudor Investment Corp., the hedge fund founded by famed investor Paul Tudor Jones, took advantage of a 53% tumble in Lumber Liquidators Holdings Inc.'s stock LL, +0.15% during the first quarter to add a new 18,090-share stake in the troubled wood-flooring company, according to the latest regulatory filing. the first quarter ends in march...if u see something different, i'll believe this
FYI: HOUSTON, April 14, 2015 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SYMX) ("Synthesis," or the "Company"), announced today that it has entered into agreements with certain accredited investors regarding a registered direct placement of 12,000,000 shares of its common stock for aggregate gross proceeds of $12,000,000.
LOL. Insiders can buy stock now. The earnings are out. All their news is disseminated to the public like every other public company out there. There are no excuses!! Don't kid yourselves. There is no way I am touching this stock until I see significant insider buying and you should do the same. On March 13th interview on CNBC, Tom Sullivan said he wished he could buy LL stock but was in quiet period. When Scott Wapner asked about buying after quiet period was over, Sullivan said he "would look at it then". Well I see that he is full of #$%$. Here is the link... http://video.cnbc.com/gallery/?video=3000361595 It is at 8.50 minutes into the interview so listen for yourself.