The article is now up on SA Pro. Since it's the pay portion of the site, I won't paste any of the text here. Should be available for free next week.
It's not good.
This is from Matt Brice of Sova Group just a few minutes ago: (Disclosure: He has a short position in the company - and may trade at any time).
"Later today, we will release internal company documents that show Lumber Liquidators' sourcing problems are not limited to its laminate products. More specifically, the internal company documents reveal that Lumber Liquidators is currently trying to hide the sourcing of its engineered hardwood products in an effort to mitigate its recall efforts, not to mention its regulatory and legal scrutiny.
Not only is this behavior underhanded and deceptive, it calls into question a variety of other company-wide decisions that have been made in recent past and any future decisions made by current management. Any hope that Tom Sullivan would come in and right the ship has been dashed as the current "relabeling" efforts are underway and happening on his watch."
Over and over again, you amateurs get all excited (and intentionally setup) by these manipulated pops, only to be let down in the following days. So to shall this be. The juvenile taunting only adds to the silly display.
Still short, and still happy.
Best of luck.
What a ridiculous comment. You desperate longs will conjure up anything to try to justify you staying long.
Where do you people come from?
Even though I'm short, I wasn't thinking that BK was in the near future, if at all. But now, with the insurers refusing coverage, the dominoes have begun to fall. This is the new IP, and the floodgates have opened. I am now convinced that BK protection will be filed within 120-150 days. This incompetently (and perhaps criminally) run company is going down for the count. Bet on it. I have.
Good luck all.
Guess we can see how the market values that huge upgrade. Stock up 1% (about $.44) lol.
CF has excess inventory to unload. Ipso facto......
I've seen it go as late as 10:30ishAM before the first trade. Unsettling to watch, but happens often with PIP.
You guys are good. How can you get the posts deleted that fast? First this morning, and now in 2 minutes! Props, for sure. :)
In any event, the end is finally near. Search the following, and you can see the two articles that today exposed NQ Vault for what it is. This company is off the charts with their deceitfulness.
"Fghcvq Is as Fghcvq Does"
See you at zero. :)
You two guys posting non-stop all day, trying to desperately make it so, doesn't (and won't) make it so.
Kinda pathetic behavior, imo. But knock your socks off, if it makes you happy.
You keep hearing it because it's only you that keeps repeating that tripe. It's NEVER gonna happen, so deal with it. You will only have yourself to blame if you continue to hold shares long. Here's hoping you don't.
Good luck, but mid-teens is in this company's very near future. Bet on it.
"...will bid it up early. But sure as shootin', this will close red today. "
Like clockwork, yep.
There's your earnings reaction, folks.
If you step back and look objectively without regard to your long position, there's nothing good about this farce of a company - but of course the noobs (and shorts laying a trap) will bid it up early. But sure as shootin', this will close red today.
Still short, and still happy.
Best to all.
Agreed, someone should have stopped him from this appearance. He isn't ready for live interviews, mics, cameras, etc. Leave it to the media relations people. Kinda feel sorry for him (and I"m short). Too bad....
You're being silly. Those of us who are short know we won't be covering for another 15(ish) points.You have no idea how their business is going to suffer from this. Hasn't even started yet.....