noam_chom

New Floors with Lumber Liquidators LL commodities retail rally

Long
NYSE:LL   LL Flooring Holdings, Inc
“Inequality can be done away with only by establishing a new society,
where men and women will enjoy equal rights,
resulting from an upheaval in the means of production and in all social relations.

Thus, the status of women will improve only with the elimination of the system that exploits them.”

Lumber Liquidators looks good for a reversal.

Small share float, strong sales, strong P/B P/E P/C and near zero debt vs equity.

Risks: Value Trap, Discretionary spending retraction, macro momentum stays negative
Comment: Long here in big size at $13.00 this is getting irrationally oversold on slight ER miss, and in the peak of FOMC fear
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