http://seekingalpha.com/article/2972606-why-lumber-liquidators-wood-testing-doesnt-comply-with-carb
The problem is LL didn't do any "quality" testing. CARB has a very specific method for testing and LL freely admits that it doesn't follow those testing procedures.
As Whitney Tilson says...
"...it’s incumbent upon LL to do the tests the way the regulators do or the results are meaningless..."
The SwingTrade Portfolio is up 5.8% YTD through 01/27/15, 36.2% in 2014, 83.5% in 2013, and 546.6% since inception.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110307454
Recent LLFLQ News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/01/2024 12:26:29 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 10/01/2024 10:05:25 AM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 09/09/2024 10:49:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/09/2024 08:46:01 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 12:09:56 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/15/2024 08:38:31 PM
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