LL Flooring Holdings Inc (LLFLQ)

[The Cardiac Kid]

$LL SQUEEZE SHORTY

[sorkin]

Buy @945 tomorrow?

[EL CHAPO]

We're at the bottom!!!!!!!!!! only one way now!! UP UP UP!!!

$LL

[The Cardiac Kid]

LL beasting weeeeeee

[The Cardiac Kid]

Thanks

[Spicknspan]

Bankruptcy is BK. But who knows here?

[The Cardiac Kid]

What does BK mean?

[Lowjack]

yep! BK foshouw!

[Enterprising Investor]

Bank CEO taking on top spot at Lumber Liquidators (11/05/15)

With his Glen Allen bank on its way toward new ownership, John Presley’s next move is far from the cushy path to retirement.

Presley is prematurely leaving his post as CEO of First Capital Bancorp to take the role of chief executive of Lumber Liquidators, the Toana, Virginia-based discount flooring retailer that has been mired in controversy, slumping sales and a dwindling stock price in the wake of a scathing “60 Minutes” report and consequent federal investigation.

The leadership change was announced by both companies Wednesday. Presley will step down from First Capital on Nov. 13 and take the helm at Lumber Liquidators on Nov. 16.

The transition will speed up Presley’s previously announced departure from First Capital, a $616 million bank he has led since 2008. The bank and its parent company are in the process of being acquired by Charlotte-based Park Sterling Bank in a deal valued at $82 million.

Presley was set to move into a 30-month consulting role with Park Sterling upon the closing of that deal. First Capital said he’ll now take on a consulting role until the deal is finalized.

Presley wasn’t available for comment on Wednesday.

Steering the ship at First Capital in the interim will be Bob Watts, who is currently the president and CEO of the bank subsidiary. He’ll oversee the entire company until the Park Sterling deal closes, expected in the first quarter of 2016. Watts will then be moved into a senior role within the combined companies in Richmond.

Watts said in an email that he’s happy for Presley and thanked him for his leadership over the last seven years.

“John has been in a lead director role with Lumber Liquidators for some time and this possibility was not completely unexpected,” Watts said.

Presley has been on the Lumber Liquidators board since 2006, prior to its going public. He had been chairman since May. He succeeds Lumber Liquidators founder Thomas Sullivan, who had been acting CEO since May.

Presley leaves an eight-branch community bank that was on the upswing to take on a job that will expect him to lead Lumber Liquidators out of a low point in its history.

The company, which sells hardwood flooring from nearly 400 retail locations, has been under fire in recent months after “60 Minutes” reported that some of its Chinese-made laminate flooring contained levels of formaldehyde beyond some legal limits.

That resulted in dozens of pending class-action lawsuits and caused its stock to plummet from a high of nearly $70 in February to a low of around $12. The company also recently said it will pay $10 million in fines to settle allegations that it sold illegally harvested wood from protected areas of Russia.

The company reported this week that its sales were down 4.1 percent through the first nine months of the year and recorded a loss during that period of $36.6 million. That’s compared to a profit of $46 million in the same period of 2014.

The stock market apparently was in favor of Presley’s pending arrival, with the company’s stock jumping 10 percent for the day to close at $15.66 per share.

http://richmondbizsense.com/2015/11/05/bank-ceo-taking-on-top-spot-at-lumber-liquidators/

[detearing]

Today I opened a position with Lumber Liquidators despite its disposition. I know they've paid a ton to the government's fund, yet flooring will never below and demand. Contaminated wood in my opinion will be buried under the carpet so to speak.

[rox1]

As a small stockholder and a spurned customer, I would say stay away from investing in this company. They have hundreds of complaints online and they refuse to pay those claims (including mine). They will come up with any excuse not to pay warranty claims (from humidity, to installer did wrong, to "the sun was shining" -- sarcasm there.)

With such bad customer service they will hopefully be out of business.

I am selling my stocks. Also many other stock web sites show this as a bad buy.

[Dinvest70]

Seems to be support at this 16.40 then bounces to over 17 every time. On sidelines for now but appears to be beaten down. I sure have noticed they advertise a lot.
Shorts sure did take this down but at this price it seems so tight that any good news would bounce this 3-4 bucks in minutes, that would be nice

[EL CHAPO]

I'm liking what I been seeing here. Looking for a nice position to get into today. ;)

[foregunst]

No shares left to short Confirmed

[foregunst]

BOOM! foregunst

[foregunst]

Shorts did ther wrst to try Now Run Tear Busting thru target prices BOOM

[foregunst]

Think TheStreet would know better jmho

[The_Free_Nebula]

The shorts do not have a timeline to cover...

[foregunst]

TheStreet THESTREETWIRE "LL shorts 4.43 days to cover" Huge Squeeze Coming!!

[foregunst]

4.4 Days To Cover SHORT SQUEEZE coming for the shorts aka shorty!

[foregunst]

Naked shorting? (bouncing off low)

[foregunst]

Next price target is 23.15

[JALXR]

Made dough on its downfall, you got to remember this is $LL, it's was way over bought. Buying at 25% increase is insane, that's when the vouchers come in.

[MONEYMADE]

$21.74 HOD BEAUTIFUL END TO THIS FIGHT WEEEEEEEEEEEEEEEEEEE! I THINK $28 IS MORE LIKELY

[hacksaw]

LL 18ss big mover today, target 40sss.

[MONEYMADE]

Nice! Settlement SQUEEEEZE IS ON!!!!!

[keyotee]

Got to love a sure short!

[keyotee]

Next sto 12.85. Trade well!

[The_Free_Nebula]

Nice move up

[BiotechValues]

$LL 50 dma is $16.50


http://stockcharts.com/c-sc/sc?s=LL&p=D&b=5&g=0&i=0&r=1442416201061 …

With 1/3 of float short it could get interesting if it closes above $16.50 today

[The_Free_Nebula]

Agreed

[hacksaw]

LL here we go. 60 minutes slam piece short manipulation played out.

[The_Free_Nebula]

Looking good on a market meltdown correction day

[The_Free_Nebula]

As long as insiders are buying it is a good sign

[The_Free_Nebula]

Great turn around play

[The_Free_Nebula]

Yep

[The_Free_Nebula]

I think LL can bounce back...they are cleaning house

[TRUISM]

60 Minutes-Lumber Liquidators
AUGUST 16, 2015, 7:35 PM
Click For Link

60 Minutes found that Lumber Liquidators' Chinese-made laminate flooring contains amounts of toxic formaldehyde that may not meet health and safety standards. Anderson Cooper reports.

Blessings to All

TRUTH

[DAD2]

This could dump on the poor earnings imo.

http://finance.yahoo.com/q/is?s=ll

[Lowjack]

Be smart when others are stupid!

Don't buy cheap Chinese crap!

[someone1]

Lots of accumulation going on down here, looking like a good week ahead

[someone1]

Looks good here bud, was going to hold off till later but massive selling stopped and building up momentum, ticking up nicely now

[someone1]

Looks like its building up momentum for a nice move back up, selling stopped so I also took a $20k position.

[jjevans1]

I'm new to this board and just bought into this stock. I think there is a great potential to make money on this once the smoke clears. IMHO

[someone1]

Yea, I just traded the bounce for now from 11.90 to 12.41... depending on upcoming news I may throw a litttle cash at it for a starter position. .. has to be really good news though

[ANTI-BAGHOLDER]

I am waiting to jump in, but it MIGHT bounce a bit.

[someone1]

Wow, these 16k$ at 11.90 is looking awsome rite now.

[someone1]

Wow, these 16k$ at 11.90 is looking awsome rite now.

[someone1]

What happened here

[chaostrader]

where are all the idiots who said "LL is a buy in the 30s and 20s"