Posted by Tracy Coenen on December 11, 2009 · 12 Comments
In the world of Patrick Byrne, CEO of flailing Overstock.com (NYSE:OSTK), his paid stalkers, and his nutty followers, anything and everything is evidence of a massive conspiracy on Wall Street. Involved in this massive conspiracy are “captured” journalists who “take orders” from hedge funds and help manipulate the stockmarket. Remember the days when Byrne was [...]
Posted by Tracy Coenen on November 24, 2009 · 11 Comments
UPDATE: Overstock.com just issued a press release in which Patrick Byrne calls Grant Thornton a bunch of liars. Add them to his list of “miscreants.” No longer can Patrick Byrne, wacky CEO of Overstock.com (NASDAQ:OSTK) claim that those pointing out his lies and materially misleading financial statements are just “miscreants,” operatives of an imaginary “Sith [...]
Posted by Tracy Coenen on November 13, 2009 · 2 Comments
This week Overstock.com (NASDAQ:OSTK) notified the public that they wouldn’t file their third quarter 10-Q on time. The reason: The registrant has been unable to complete its financial statements for the quarter ended September 30, 2009, as it is continuing to analyze the proper accounting treatment for $785,000 the registrant received during the first quarter [...]
Posted by Tracy Coenen on October 15, 2008 · 2 Comments
On Monday, a press release announced that the long legal battle between Overstock.com (NASDAQ:OSTK), its nutty CEO Patrick Byrne, and Gradient Analytics was over. It was somewhat disappointing, when it seemed that the heart of the lawsuit was an attempt to silence critics. Scare research firms so much that they’ll be reluctant to publish negative [...]
Posted by Tracy Coenen on October 14, 2008 · 5 Comments
Thanks to Sam Antar for these interesting searches, the results of which are no doubt generated based upon special intervention from the Sith Lord.
Posted by Tracy Coenen on October 14, 2008 · 3 Comments
I’ve been contemplating this topic for a couple of weeks, but just didn’t have the stomach to write about it. Fortunately, Gary Weiss has mentioned it and given me the courage to suck it up and write about it. What’s the topic? The ever-nauseating Patrick Byrne, CEO of Overstock.com (NASDAQ:OSTK). Since at least 2005, he [...]
Posted by Tracy Coenen on July 9, 2008 · 3 Comments
If you like to read about delusional rantings and paranoid conspiracy theories, you can’t help but follow full-time message board poster Patrick Byrne. He moonlights as the CEO of failing online retailer Overstock.com (NASDAQ:OSTK), but his real purpose in life is uncovering conspiracies. The funny thing is that if Byrne was a little more lucid, [...]
Posted by Tracy Coenen on June 28, 2008 · 4 Comments
On August 12, 2005, Patrick Byrne, CEO of Overstock.com (NASDAQ: OSTK) had a conference call he said was going to give information about the “August 11 lawsuit.” The transcript is 17 glorious pages of Byrne rambling about his conspiracy theories. No questions. Just Byrne and conspiracy theories. I read it on Thursday. And I didn’t [...]
Posted by Tracy Coenen on June 20, 2008 · 2 Comments
Gary Weiss has a most excellent post on his blog about an apparent cover-up in progress by Patrick Byrne, CEO of Overstock.com (NASDAQ:OSTK). Here’s the deal: For a couple of years now, Patrick has been ranting and raving about conspiracies and Sith Lords and secret fax machines and other oddities related to Naked Short Selling. [...]
Posted by Tracy Coenen on June 16, 2008 · 1 Comment
I’m not an expert on Naked Short Selling. Frankly, I’ve just never really been interested in the topic. Does it appear to exist? Yes. Does it appear to be the reason Overstock.com (NASDAQ:OSTK) is doing so poorly and its stock is far below where it was a few years ago? No. I’ve seen no proof [...]
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