Take a look at this piece of paper:
It’s a very important form that was recently filed by a high level employee at a tiny little company called Lumber Liquidators (LL).
Now, LL is a flooring company so when new home sales crater (like they’re doing this year), the company doesn’t do so well.
And just to unleash another swarm of hungry termites on Lumber Liquidators…
… right now they’re in the midst of a nasty downturn and you wouldn’t think there’d be much room for a turnaround.
So why is this name enjoying a string of green days when the rest of the market is in meltdown mode?
Well, I don’t want to get over my skis… but that little piece of paper tells me we might be in for a major turnaround in LL.
Given the sharp rise the last few days into an overall blood-red market environment…
It’s definitely worth paying attention to.
Want to know more about that little piece of paper and why it’s so important?
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