Use access key #2 to skip to page content.
$22.97 -1.26 (-5.20%)
7/3/2008 1:00 PM

Overstock.com, Inc. (OSTK)

CAPS Rating:
*

The Company is an online closeout retailer offering discount brand name merchandise, including bed-and-bath goods, home decor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel and designer accessories.

View All Commentary (OSTK)

Recs

2

Avatar yeahbuddy (80.76) Submitted: 5/15/08 2:13 PM : Underperform Start Price: $21.50 OSTK Score: -28.75

I don't get why this goes up but since this it only CAPS I'll bet for the fall mainly because companies like this are a dime a dozen and I really mean there worth that. Ok if for some weird reason you want to invest in a online store you can do better then this even wal-mart would be better simply because they have more going for them. Don’t get me wrong I don’t recommend ever buying in to internet stock there almost always pump and dump there are exceptions to every rule though But the O isn’t one. Thank you for your time

Report this Post Replies: 2 | Reply

Avatar TheParadox (80.11) Submitted: 5/16/08 4:32 PM

Recs: 1 | Rec This

You are correct... Internet companies are "a dime a dozen" and this one is no different. But i never thought of an internet company as a "pump & dump" and, truely, they can be. In fact it seems more and more evident that internet companies in general, all face doom in the end... including the big ones....

This is a business that operates like a commodity, there is very little to difference to me and the public, and these business are driven by almost a "fad" like boom/bust like womens clothes... this one last year's left overs that didn't get sold.

i wish i had more concrete reasoning to support this but thats it. A business that opereates in horrible economics wont do good, atleast in the long run.

Report this Post Reply

Avatar yeahbuddy (80.76) Submitted: 5/18/08 2:17 AM

Recs: 0 | Rec This

Your right "fad" is a better term. However with the dollar get weaker world wide prospects could look good but internet stocks swing too much for my taste. I think you help me finish this pitch just fine thank you

Report this Post Reply

Featured Broker Partners