Overstock.com, Inc. (OSTK)

selling off back into the low teen's....

no shares to short so may want to cover once it goes down again

PdoBear-sithicus here. Lord of the Sith. Offer-er of free candy. In a van. By the river. Byrne Jedi. Ally of Hayden Christensen school of acting. GAAP = Dark Side?

Not sure why the price popped on 6/17, but I am happy to short this at the open for the same reasons other people see. The company never makes money and it has gradually sunk to a negative book value. Not much here to justify $234 million in market cap.

Unless they geet bought out, I think this stock is heading downwards, a talking platypus told me it would.

5/21/9 IBD SRH>0 P/E > 20

going contrarian here. sometimes I like a stock and the market hates it. In this case I am not a huge fan, but the market seems to like this perennial loser somehow. I guess if you wanna look a the bright side it did have a positive quarter finally and its losing less money than it used to....

failed business model only jump i see here is if amazon or some other online entity buys them.

company has never been profitable

Mentally ill CEO, failed business model

these guys just changed their auditors. mmmmmmm.......I wonder WHY!!!

This does not look pretty.

3/10/09 Pitch: Downthumb. Analyst noted that company is spending aggressively in one of the deepest recessions seen.
Past trades:
1/26/09 Pitch: Downthumb. Destined for zero. Closed 3/3/09 @$6.94 for +7.26 points.
12/4/08 Pitch: Downthumb. Lead by ridiculous CEO. Closed 1/23/09 @ $8.80 for +5.97points
8/21/08 Pitch: Downthumb. Shorting on the downdraft, a little late, but that's ok. Terrible CEO and just announced a dilution of significant magnitude. With the reputation of this guy, the terms will not be great. The potential bidders on any common are already shorting the stock with the expectation of getting shares to cover from the issue of new common shares. A great deal for the buyers of issue if they can short enough of it now. It will probably price in the 16's, so that's the target. Closed 10/28/08 @ $8.75 for +19.46 points.

I've tried to like overstock.com, but after reading through the 1001st ad for over-priced, fluffed-up merchandise, I've given up. Compared to amazon.com and buy.com, Overstock is just a bloated loser. It's hard for me to see how they can turn things around, short of a completely new management team and a new business model.

At one point, they used to sell overstock. Now they should just change their name to old and overpriced.com

going down to 0 soon.

Overstock dot fraud. Pretty soon they'll run out of protection money to pay Utah DA Mark Shurtleff for ignoring their questionable accounting practices. As it is a conflict of interest, Schurtleff can't personally prosecute them now. So far, Overstock has done a great job spinning their bizarre accounting practices. Perhaps Byrne can get a job with Satyam after this "business" collapses.

ostk outperforms the s&p by as much as 50% and more

Get ready for the rough ride to the bottom. Advertising has slowed way down and the prices just aren't there.

The only positive is that CoinStar lets you trade in your coins for a no-fee gift card. That will suck when you get your card and the site won't be there.