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agree. lumber liq, home depot, lowes, all the box stores in the industry might be a good play.
placed a 135 share limit order@ 37.00 for today in lumber liq. gonna try and play for a bit with ll.
Regardless of the hurricane google top ten places to live. And then look at the rate at which they are building apartments and houses. Not to mention all the gentrification going on as well... the entire industry should be profitable IMO Q4
With all the hurricanes means lumber, and other building materials prices will increase.
Thinking LL is a good play as a lot of people will be reflooring.
Streetinsider
Lumber Liquidators (LL) PT Raised to $43 at Oppenheimer
www.streetinsider.com/Analyst+PT+Change/Lumber+Liqui...
22 hours ago ... Oppenheimer raised its price target on Lumber Liquidators (NYSE: LL) to $43.00 (from $34.00) while maintaining a Outperform rating.
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https://thefly.com/landingPageNews.php?id=2598220&headline=LL-Lumber-Liquidators-price-target-raised-to--from--at-Oppenheimer
8/18/2017
The Fly
LL 05:27 Lumber Liquidators price target raised to $43 from $34 at Oppenheimer Oppenheimer analyst Brian Nagel raised his price target for Lumber Liquidators to $43 and reiterates an Outperform rating on the name. After studying recent trends at the company and the overall dynamics within the flooring sector, the analyst believes that a turnaround at Lumber Liquidators is "taking hold and gaining steam even quicker than we had previously envisioned." Nagel views the stock's valuation as compelling at current levels. LL Lumber Liquidators $34.50 -0.42 (-1.20%)
05/19/17
UPGRADE
Target $34
OPCO
Outperform
Lumber Liquidators upgraded to Outperform from Perform at Oppenheimer
Oppenheimer analyst Brian Nagel upgraded Lumber Liquidators to Outperform saying a "potentially prolonged recovery" is starting to take shape under new management. Successful, small-cap turnaround plays have tended to make for some of the best retail stocks, Nagel tells investors in a research note. He has a $34 price target for the shares.
Read more at:
https://thefly.com/landingPageNews.php?id=2598220
Ok, I got a double in LL.
The fact that it went from losing to making money establishes proof of concept new MGMT has a working business model.
The analysts are just paid whores that can only say what their numbnuts-investing masters tell them.
GS has lost its mojo. Sour grapes losers that want in.
NO Cash / Huge Debt / Business without any growth / book value laughable $7 = Fantastic short opp created today near term tgt $23-25
???? Will LL test its high with earning posted in the beginning of the month ?? Anyone care to comment !!!!
I think that may be a straight BS troll account. Look at all 23 posts since it was created. Absolutely dead wrong on DE CSX LL FRED X and others. If someone followed that advice they should be dead broke by now. I am not aware of anyone being so wrong on so many calls.
What? U want ppl to sell it? U sell it. Then get lost! Ur not going to pretend that u r here to save ppl' souls. No, u r just a rapacious bear trying get get ppl out. TU
THIS JUNK HAS $72 MILLION DEBT AND BURNING $25+ MILLION PER QUARTER = ONE OF THE BIGGEST PONZI SCHEME FRAUD OUT THERE . Looks like there is brutal stock promotion ongoing to drive the shorts out of this doomed bankrupt scam so the criminal banksters and management can dumptheir radioactive trash to them .WARNING This Bankrupt Fraud is running out of cash within 4-5 months so the only option they have is MEGA DILUTION or BANKRUPT FILLING maybe thats the reason why the desperate stock promotion so the banksters can run for the hills before its to late for them.FAIR VALUE IS ZERO EVEN THAT IS TO HIGH .
With legal trouble behind it, new mgmt focusing on cutting losses and the housing market picking up, long term prospects can only get better.
I got out this last week as things were dropping.
Worried financials may be bad.
If it drops expect a $2-4 loss and then it will return to higher levels close to 17-18.
Financials Tuesday
They are predicting -.31 a share. Curious how it turns out.
I am in this already, it should be fun no matter what.
you still in load the dingy
Earnings The 27th
8k filed Today
I knew LL would turn around.......Jimmy the Prophet
Lumber Liquidators Holdings Inc Earnings Disappoints
http://marketexclusive.com/lumber-liquidators-holdings-inc-nysell-delivers-disappointing-4q-results/3555/
Carpenters will not touch their product any more. Non-smoker leukemia is a nasty thing and working with formaldehyde (including sawing and inhaling sawdust) are the cause of many of these cases.
Buyer Beware.
"60 Minutes " just put another nail in their flooring tonight . I see the formaldehyde levels given off are actually 18 times higher than was earlier reported due to a calculation error .
Centers for Disease Control and Prevention
U.S. Consumer Product Safety Commission Report
"We estimated the risk of cancer from exposure to this flooring and it’s low."
http://www.cdc.gov/nceh/laminateflooring/default.html
More to come.
I would have thought that the end of tax selling would have helped LL, but the overall market is pretty skittish.
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