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LL - Lumber Liquidators: Looking For Positive Catalysts
Lumber Liquidators Holdings Inc
Lumber Liquidators (LL) remains stuck at a relatively low price, although it has bounced back a bit from its early 2019 lows. There's some potential for its shares to increase sharply from its current price, but that will probably take a significant catalyst in the form of a resolution of the Chinese tariffs issue and/or strong sales results that look to be more than a one quarter blip. Lumber Liquidators does have large short interest, but I would not look at that to cause a short squeeze without some excellent news that warrants