The Floorboards are Creaking Beneath Lumber Liquidators: Part I [View article]
i AM IN THE WOOD FLOORING INDUSTRY and have MY OWN WEBSITE. ll HAS GOOD MARGINS BECAUSE THEY MAKE THEIR OWN FLOORING OR BUY FROM CHINA. Their advertising is everywhere and is creating an enduring and valuable brand name. They are shedding their image for junk. They have a great amount of room to add stores in this country. I compete with them all the time and would say that 1 in 5 people who buy a wood floor include them in the shopping process. That is huge. In the immediate future (1-3 yrs.) i expect them to decline in share price. But expect them to come back when the economy and housing return! If they hit $6-8 i would buy 25 shares just to keep them on your radar for the return up.
The Floorboards are Creaking Beneath Lumber Liquidators: Part I [View article]
In the immediate future (1-3 yrs.) i expect them to decline in share price. But expect them to come back when the economy and housing return!
If they hit $6-8 i would buy 25 shares just to keep them on your radar for the return up.