Piper Jaffray declared the Bull vs. Bear lunch it hosted Friday on Lumber Liquidators with 20 buy-side participants a tie. Both sides provided compelling arguments, Piper says in a note to investors this morning. It keeps a Neutral rating on the stock with a $37 price target. Piper points out that the California Air Resources Board has not returned any of its phone calls. It adds that CARB has never assessed any penalties for its Composite Wood Products Program in either 2012 or 2013 that it is aware of. Shares of the Lumber Liquidators closed Friday down 78c to $33.40.