Lumber Liquidators plans Hampton warehouse

Lumber Liquidators Holdings Inc., the hardwood flooring retailer based in Toano, has leased two spaces in Hampton for a distribution center.

The company took a total of 515,486 square feet of warehouse space at West Park, an industrial campus of more than 50 acres off Big Bethel Road near Interstate 64, according to CB Richard Ellis, which handled the lease for the landlord.

Lumber Liquidators could build a showroom at the site, said Kim Brown, a marketing assistant for CB Richard Ellis.

Many of its stores are in industrial areas, where rents are lower. Lumber Liquidators has more than 240 locations, including in Norfolk and Virginia Beach.

http://hamptonroads.com/2011/05/lumber-liquidators-plans-hampton-warehouse

Lumber Liquidators Bearish Moving Average Crossover Alert (LL)

Today, shares of Lumber Liquidators (NYSE:LL) have fallen belowtheir 10-day MA of $26.14 on a volume of 112K shares. This may provide short-term investors a chance for a short position as such a crossover often suggests lower prices in the near term. Watch for Lumber Liquidators's close below this MA level for confirmation.

Lumber Liquidators share prices have moved between a 52-week high of $30.39 and a 52-week low of $19.33 and are now trading 34% above that low price at $25.81 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.23% while the 50-day MA has advanced 0.48%.

Lumber Liquidators, Inc. retails hardwood flooring in the United States. The Company sells domestic and exotic wood species in both prefinished and unfinished forms.

By Adrienne Chilton
achilton@fnno.com

http://www.fnno.com/story/moving-average-crossovers/331-lumber-liquidators-bearish-moving-average-crossover-alert-ll-moving-average-crossovers