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noam_chom
Apr 18, 2022 2:12 PM

New Floors with Lumber Liquidators LL commodities retail rally Long

LL Flooring Holdings, Inc.NYSE

Description

“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

Comment

broken trade idea, this needs to round out a bottom at 7-8 then gap out to $10 in 2023

Comment

broken idea even worse now that it is touching $4.00

Financial measures are favorable here

Comment

PE - 9.5 Forward PE 13.77 debt to equity 0.28 cash per share 0.36 and 1.13 billion in sales vs only 125 million market cap

finviz.com/quote.ashx?t=LL&ty=c&ta=0&p=w

Comment

company still looks technically good, but holy crap the chart is a nightmare
Comments
jaredradosevichffl
This is a very easy short! Yall are nuts to buy this long earnings coming tic toc
MonkeyBiznas
I bought more today at $3.85.
noam_chom
@MonkeyBiznas, good entry. as a long term 1-3 year investment range any entries under $4.00 should do well
elenaec
time to go up !!!!????
noam_chom
@elenaec, this original analysis fell apart completely due to the ongoing inflation problems, interest rates, and slowing consumer spending. I now consider LL a bottom feeder play, add under $4.00 and plan to have to hold them for a while (say 2025-2026) before seeing a move back up to $10.00
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