Overstock.com, Inc. (NASDAQ:OSTK)

Tough business to be in

Debt already high and going up the last 6 months.

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.

Hmmm P/E of 75.00 and a business model of trying to sell stuff other companies couldn't.

If you can't do well selling supposedly bargain-basement stuff in the current Grouponzi economy, then why expect a turnaround when people eventually decide to loosen the belt buckle?

P/E is high and earnings trending south, double whammy for future drops. Angry, defiant CEOs are never (or very rarely) confidence-builders.

Just can't compete in the online marketplace now. With receiving less traffic to their website and fewer conversions on sales, I think Overstock will be going away soon.

It can't compete in the marketplace.

no growth

following the leader

It may not outperform, but I love the CEO. This is my support for him and the company. I one 1 stock.

is CEO Patrick Byrne an out of control lunatic or one of the greatest men in the country? likely neither. to me it is clear that the ex boxer has led with his chin at times with his "sith lord" type comments which were enough to give me pause. moreover, i agreed with those who felt that Byrne was so preoccupied with the larger issues of corruption on wall street that his OSTK duty was subordinate to his greater passion. when his father, builder of Geico into an insurance giant and close coleague of warren buffet, resigned as chairman of OSTK, it was surely time to steer clear of the stock. to this day, patrick gets no credit for nearly singlehandedly calling attention to the corrupt practice of naked shorting

Now it is time to buy! Byrne is closer to being a great man than its opposite; wall street crooks still hate him but he has successfully fought off the short attack determined to destroy him and OSTK; increasingly, reports from those who would know in Utah tell us that OSTK operations have greatly improved; AMZN tells us that the broad based etail model is here to stay; Byrne has cut costs, increased revenue and achieved profitability; insider ownership is off the charts; valuation (EV/Rev) is much more favorable than AMZN (besos is one of my favorite CEOs); despite Byrne's continued interest in the larger issues, he seems to know that his standing in financial history is dependent on OSTK's success; i know scores of people who use OSTK and love it!

i have come to be a believer in Byrne and his integrity. he certainly has the brains, courage, and persistance! i still have a question about whether or not he has the practical sense to bring OSTK to its potential. most likely end game--Byrne sells the company, but for nothing less than $50 per share and likely more!!

This feels way too expensive at this price. I see it at 10 not 20.

TMF rec

Just purchased from them for my second time, great products, great prices, I like their business model.

PE of 68? In a downtrending market? Are you high?

they suck

Unusually high call volume at $15 for 3/10

CEO is absolutely paranoid, out of his mind, and out of control. If the board of directors can't see fit to get rid of him, they are part of OSTK's problem.

I've had a red thumb on this for quite some time and haven't tracked it closely for a while. However, I just saw this: http://www.businessinsider.com/henry-blodget-overstock-fires-auditor-elects-to-go-it-alone-2009-11

My goodness. The threats of the competitive landscape are bad enough, but that kind of wackiness... good luck to those who are holding on to this one, is the feeling I get right now.