Testing method behind the Lumber Liquidators rally

• Lumber Liquidators (LL +7.2%) trades higher after the CPSC presser.
• Investors seem to be gauging the testing method of the federal agency to be potentially less restrictive than the style of the California Air Resources Board.
• The CPSC plans to test finished products for formaldehyde released into the environment contrary to how 60 Minutes and CARB conducted its tests on the deconstructed products.
• Shares of LL are still down over 50% since 60 Minutes came calling.
• Previously: Lumber Liquidators spikes ahead of CPSC call