Lumber Liquidators (LL) Update Chart
SUMMARY
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
how can the 2 come so low?
How would a 36 billion dollar settlement affect this chart? https://www.cbsnews.com/news/36-million-settlement-approved-in-lumber-liquidators-lawsuit-60-minutes/
Lumber suppliers and all home improvement type of stores are in trouble in near future. Home sales are declining and market is tilting towards recession. Rising interest rates and overpriced homes have fueled a strong no buy opinion to me in this sector.