Lumber Liquidators (LL)

I have been waiting for this company to come public for my real money account. With a Forward PE of 10.90, Price to sales (ttm) 0.53, and a PEG of 0.56, not to mention sentiment towards anything related to real estate, and banks being very negative, I can't NOT buy shares. In fact, this is the type of company I have been waiting for small cap, heavy insider ownership, in an unloved industry, etc...Not to mention the fed is easing, and the President is pushing for a stimulus pkg. When interest rates drop, so homeowners can get a good deal on a home equity loan,and the middle class gets a check from the government, and when the cyclical real estate market heads upward, I say Lumber Liquidators gets a lot more BUSINESS!!!!!!!

Cheap valuations, with weak dollar and heavy advertising in GB i beluive this company will grow fast. Good managment team. I am up 15% with this stock in my real portfolio and i really like the company.

I like it.

Brand new public issue, but a great company with enormous potential

people will be remodeling existing homes and lot's of flooring will be installed

Housing is going tofly in next 16 months

Very stable with great cash flow

The insiders will be liquidating the stock if they don't liquidate the lumber quicker.

Home is going to become a whole lot humbler in coming years than it has been over the past couple of decades, and when improvements are made, they won't be in cosmetics like flooring.

LL is trading not too far off its one-year high and has a hefty PE by historic standards. If you're long and in the money, you could cash out here and/or invest some of your money in puts and make more money going down.

I just canceled my rule breaker's subscription, but before I did I received the last letter that had LL as a pick. I gotta say, it jumped off the page because I've shopped their so many times for my own place with great experiences.

It turns my stomach to see that the price jump 3 fold and now all of a sudden I decide to give it the thumbs up, but I look closer and it's still fairly valued. It's trading just over book, they've only opened 170 stores or so and have plans to open 30-40 per year for years to come. Each store does 3 or 4 million a year at 7 or 8% profit. Give this store a couple of years (maybe 5?) and they'll have 300 stores doing 4M each at 7% is 84M in net income with a 15 PE and you're looking at 1.25B market cap in 5 years.

Given the 3 fold run up in the last 6 months we're bound to see considerable price set backs, but it's CAPS so what the hey, I can wait it out.

I love stumbling upon a company like this and seeing two stars. I will happily snatch up these shares from fearful sellers. I have researched this one for many hours and feel extremely optimistic about it. This company fits every criteria of a rule breaker, and also fits many of Peter Lynch's criteria. It definitely fits all my criteria. Boring, "no-frills" as they say in their annual report, solid financial position, emphasis on cost containment, solid growth prospects. I saw an advertisement and these stores look like shacks . . . Where do I sign up? It will be extremely difficult for Home Depot and Lowes to compete with a company like this without significant effort and capital investment. As a side note, LL is not even interested in competing with these dinosaur home centers. These stores only need 5 people to run soundly and begin seeing profits after one quarter. My best friend was a department manager at Home Depot, and I can assure you that they are not running anywhere near that lean. Tom Sullivan is no businessman off wall street. He looks like an average guy (which he obviously is not) with significant experience who has built this company from the ground up. I wish I had a wheelbarrow of cash to dump into this one. I like also that they are currently "over-valued". I do not care what happens to this one in the short term. If you don't want to water your weeds, I will water them for you. I will be buying heavily on this one. Cheers to the rule breaker team. If I knew any of you, I would buy you all a drink. Maybe it would be a night out on me. Thanks!

I am starting to watch this with lots of curiosity. This thing could really take off -- low start up costs, lots of growth in store. I believe that all of the people buying first time fixer-upper-once-forclosed homes will need to do some upgrades over the next 12 months. looks good to me and the p/e is still fairly modest for a hot growth company in this boring part of the market.

One company that looks set to stir up a moribund industry in an early growth phase.

This account tracks the fast-growing shakers and movers and some of the riskier stocks on my watch list.

increasing sales numbers will boost the stock higher!

Where has al the Home Depot traffic gone? A large part of it has been a casualty of the real estate crash. However, another portion has switched to the even lower cost LL in these hard times.

Expect LL to get hit less than the larger chains, and pick up some market share along the way. They should be well positioned when the economy turns around.

Niche retailer with no competition.

23 quarters of profit. What else is there to say?!

If the sales of low price lumber goes well overseas, this stock should rise confidently.