Lumber Liquidators (LL -5.4%) trades weaker as concerns continue to pile up on the company's...

Lumber Liquidators (LL -5.4%) trades weaker as concerns continue to pile up on the company's quality control. SA contributor Xuhua Zhou has presented the case (I, II) that a number of red flags exist on the hardware retailer while Piper Jaffray continues its bullish vibe.

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  • smorgen
    , contributor
    Comments (18) | Send Message
    Always hard to separate fact from fiction in the near term, however, what is clear is that a blogger with a self-disclosed major short position in LL certainly cannot profess to being either wholly objective or presenting a completely unbiased and impartial argument. Most of LL's shedding came in the midst of all the other roiling taking place last week as was the case with every other housing related stock. I hold LL and recently saw it go as high as near 90.. it will do that again. It's a good time to be cost averaging the position; a strategy which our short seller is obviously not going to endorse. Calling Piper Jaffray biased is truly the pot calling the kettle black.
    24 Jun 2013, 12:41 PM Reply Like
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