Well Rounded Investor

My journey of becoming financial independence by 35 years old

Recent Sell – LL

It’s one of my most disappointed position I’ve ever held Lumber Liquidator, the CDC has revised their finding that LL’s floor have 3 times the amount of formaldehyde, and increase chance of causing cancer. It really opens the door for terrible lawsuits, many predict it would bring bankrupt the company. With that I’m decide to liquidated my 43 shares of LL and get the cash back to invest in something else. photo

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One comment on “Recent Sell – LL

  1. Investment Hunting
    March 21, 2016

    Yikes. I own LL too. I think we both bought it at the same time. I plan on riding it out now to see if they will every recover. When their problems first started I assumed it would all be over with in a few months.

    Like

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This entry was posted on February 22, 2016 by in Best post.

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