Overstock.com, Inc. (NASDAQ:OSTK)

CAPS Rating: 1 out of 5

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.

Recs

5
Player Avatar DJoshuaRubin (97.42) Submitted: 11/1/2011 9:00:31 AM : Underperform Start Price: $7.98 OSTK Score: +8.47

Won't exist in 5 years or less. Riding this one down the bowl. Half my fund is "The Monsters of Greatness." This one kicks off the other side of the coin, The Blivids (20 lbs of sh*t in a 10 lb sack). Will close this after it racks up a 90% gain or more.

Report this Post 4 Replies
Member Avatar TDRH (99.68) Submitted: 11/1/2011 10:47:22 AM
Recs: 1

This stock has defied gravity and logic before and taken the shorts to the cleaners. I don't like the stock, but would not short it at these levels.

Member Avatar DJoshuaRubin (97.42) Submitted: 11/8/2011 3:56:02 PM
Recs: 0

In the words of Jim Morrison, "This the end." Sure it might run up on no news as dumbkopfs think the approaching holiday season is relevant, but I don't think so. And I'm willing to be down 50-80 points for years until this thing winds up in its final destination.

Member Avatar DJoshuaRubin (97.42) Submitted: 11/8/2011 3:56:18 PM
Recs: 0

Sorry, Jim. "This is the end."

Member Avatar addedupon (96.19) Submitted: 11/29/2011 4:47:12 PM
Recs: 0

i like your 10 steps but i am certain you are wrong about OSTK going to zero. CEO has too much money and too much determination, despite the legion of corrupt wall street types who hate him. worst case is that he will take it private, perhaps at an unpleasant price for his faithful shareholders. could be for $1billion; could be for $100 million. but zero? there is zero chance.

Featured Broker Partners


Advertisement