Lumber Liquidators Holdings, Inc. (LL)

[Nebuchadnezzar]

funny you ask. I did say I was looking to buy again if it broke below $25 and it had not been trading very well lately and then this bombshell of news with CEO leaving pushes it down another $4 today with heavy volume.

I will watch it for a while before jumping in.

only in for small amount. luckily. the risk of buying this stock just increased quite a bit.

report is only 10% of their business would be affected by these particular floors but CEO leaving (he was probably going to be fired anyways) is not helping matters.

lawsuits and many other factors could drive this stock into mid teens so I will hold what I have now and wait until dust settles which may end up being around $15-$16 unless it gets really bad.

funds were dumping today so this will not see $25+ for a while imo.

shorts will continue to pressure this stock for next 6 months.

remember how the stock traded after his interview with Scott on halftime (cnbc)?? something smelled then