Live data from Hacker News

How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

bloomberg.com

31–40 of 91 posts

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#31

Engines like this one can help uncover these hidden relationships: http://cymetica.com

> AAPL - hidden connections to AAPL: mac, ipod, digital, store, ios, apple, itune, music, ipad, iphone, video, icloud, acquired, touch, third-party, portable, photo, os, download, app, mobile, file, pro, consumer-oriented, peripheral, windows-based, player, iwork, online, compatible, display

Yeah, really hidden relationships.

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#32

Earlier quoted context omitted.

Everyone loves to give California a hard time, but they've done more to bring US product safety into the 21st century than any other US state. I'd describe California and the EU as being similar, and the rest of the US to be worse than either (some by far). Fortunately since international companies want to sell all over the US and Europe, it has meant that this is the new baseline most of them shoot for. "Legal in Ca…

So, because they've done good they are immune from criticism? Off the top of my head, I've witnessed this label at parking garages and Starbucks drink counters. For public locations, if the label's concern were legitimate wouldn't it be appropriate to fix the situation instead of just fostering an environment of ignored signage and faux consent?

Is there a reason you frame every argument as a hyperbole?

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#33

Earlier quoted context omitted.

To be fair, everything gets "This is known to cause cancer in the State of California". The only thing that label tells you is that the state of California likes to pointlessly sacrifice lab animals.

Everyone loves to give California a hard time, but they've done more to bring US product safety into the 21st century than any other US state. I'd describe California and the EU as being similar, and the rest of the US to be worse than either (some by far). Fortunately since international companies want to sell all over the US and Europe, it has meant that this is the new baseline most of them shoot for. "Legal in Ca…

Can you cite any research to back your position?

Absurd regulations (like putting worthless "product may cause cancer" labels on everything) have resource costs. These resources could be put to better use.

A lot of CA regulation is like the TSA. The cost per life saved (or harm avoided / prevented) is astronomical. There are far better uses for the resources squandered.

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#34

Earlier quoted context omitted.

There was a case study of short selling on NPR's Planet Money a few weeks ago: http://www.npr.org/2015/01/30/382587945/winning-at-short-sel... Basically, the guy discovered a Chinese test prep company (think College Board) that had recently started to be listed on American stock exchanges, and discovered that their payment system returned an error. He emailed their support address, and it bounced. He hired a guy on C…

Odd, it doesn't appear to be on their podcast :/

Pretty sure it's this one:

http://www.npr.org/blogs/money/2015/01/21/378851598/episode-...

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#35
This is sort of off topic, but I'm right in the middle of ripping up floors from Lumber Liquidators that I put down a few years ago- parts that are at the center of this cluster fuck.

My whole family has been struggling with health issues that coincide with when I put these floors down. I have a Chihuahua that has developed terrible sinus problems, my 6 year old son is having sinus and cough issues and my wife has breathing problem in our home.

I'm not 100% sure it's from these floors and/or the glue I bought from them, but it's a fact our health tanked a few months after the floors went down. We've been struggling to find a cause that makes sense and this seem to be the only plausible thing.

I guess in a couple months I'll know for sure assuming our health improves. If it turns out to be the case, I will be extremely grateful to this blogger. I don't care if he made money, this information could be helping my family's health.

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#36

Earlier quoted context omitted.

To be fair, everything gets "This is known to cause cancer in the State of California". The only thing that label tells you is that the state of California likes to pointlessly sacrifice lab animals.

Everyone loves to give California a hard time, but they've done more to bring US product safety into the 21st century than any other US state. I'd describe California and the EU as being similar, and the rest of the US to be worse than either (some by far). Fortunately since international companies want to sell all over the US and Europe, it has meant that this is the new baseline most of them shoot for. "Legal in Ca…

> It is better for everyone. It really is.

Except of course when they get it wrong and have to reverse course, as seen in the news over the last several years in the case of flame retardants for furniture.

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#37
post #2

The idea of private citizens both being able to investigate companies for wrong doing and earn income for their work appeals to me. No lawsuit, no legal process. After doing some investigations, just some quick transactions on a trading account, and a blog post later.

Anyone with a solid platform can make a lot of noise. Our blog has an article[1] that gets more traffic than you can imagine, and it's been part of the cause for some serious changes in a billion-plus dollar industry.

Never underestimate the power of the pen and some quality research.

[1] https://blog.priceplow.com/protein-scam-amino-acid-spiking

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#38
post #35

This is sort of off topic, but I'm right in the middle of ripping up floors from Lumber Liquidators that I put down a few years ago- parts that are at the center of this cluster fuck. My whole family has been struggling with health issues that coincide with when I put these floors down. I have a Chihuahua that has developed terrible sinus problems, my 6 year old son is having sinus and cough issues and my wife has br…

Terrifying/sad/fascinating story. Did you ever take an extended holiday over that time and notice general improvements to your health?

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#39
post #35

This is sort of off topic, but I'm right in the middle of ripping up floors from Lumber Liquidators that I put down a few years ago- parts that are at the center of this cluster fuck. My whole family has been struggling with health issues that coincide with when I put these floors down. I have a Chihuahua that has developed terrible sinus problems, my 6 year old son is having sinus and cough issues and my wife has br…

Terrifying/sad/fascinating story. Did you ever take an extended holiday over that time and notice general improvements to your health?

Yes. My Chihuahua has seen the best improvements after being out of our home for a week while we went on vacation- we also felt better too.

I assumed we had a mold problem, but those test recently came up negative.

I should note I have the least issues, but I spend the least amount of time at home.

Re: How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge

#40
post #16
post #3

Earlier quoted context omitted.

Yeah this is pretty great. Good work and good result. My only caveat would be unscrupulous people spreading unfounded rumors or uninformed opinions passing as fact which could result in innocent companies suffering from lack or rigor on the did of citizen investigators. At least it appears sixty minutes did son of their own investigation --althouh I imagine they went in with guilt in mind, which worked out in this ca…

From The Fine Article: " When Zhou began looking into the Toano, Virginia-based company back in 2013, he says he found online complaints about its Chinese-made flooring. So he bought products from Lumber Liquidators and paid to have them analyzed. The results led him to publish a post on investing website Seeking Alpha on June 20, 2013, that advocated shorting the stock because the tests showed levels of formaldehyde…

And while 60 Minutes is entirely untrustworthy ...

Wait, what? Any proof for that statement? How come they are still on air? Why wasn't their parent broadcaster sued out of existence, if what you claim is true?

Post reply on HN