Lumber Liquidators A Value Play? More Likely A Value Trap

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Lumber Liquidators A Value Play? More Likely A Value Trap
Lumber Liquidators LL

I’ve been getting emails on the Lumber Liquidators subject so to save time, I thought I’d just put a post together on it. The emails essentially boil down to this:

“Lumber Liquidators has seen its price drop from $100 to $29, is it time to start looking at is as a long?”

For me? No. Now some may play the news induced price bounces up and down but as far as taking an investment in the company, I think the risk is far too great.

Why?

RV Capital 1H22 Letter to Co-Investors in Business Owner