Thoughts On The Unexpected Resignation Of Lumber Liquidators' CEO by Whitney Tislon, Seeking Alpha
Summary
- I was shocked by this announcement because it undermines all of the company’s denials.
- It is powerful evidence that what I’ve been saying all along is true: Lumber Liquidators has been knowingly poisoning its customers with toxic, formaldehyde-drenched laminate flooring and, in general, is a notorious bad actor.
- It likely means that Lumber Liquidators is under immense pressure from regulators, who will, I expect, take decisive action to rein in and punish this rogue company.
- If Lumber Liquidators wants to start behaving like an honest and reputable company, it needs to take a number of steps.
- I’m not adding to my short position at this price, but I'm...
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