Mike Arnold
Long only, small-cap, tech, growth at reasonable price

Overstock.com Looks To Accelerate Growth, Shares Appear Cheap

Overstock.com (NASDAQ:OSTK) reported revenue and earnings numbers that missed analyst estimates, but provided some color on the conference call to a "potentially disruptive" supply chain innovation with respect to its third-party affiliate network and a number of other growth initiatives that could provide a catalyst to move these shares appreciably higher.

Shares sold off on the news of the "miss," but could be providing discerning investors an interesting entry point prior to two growth initiative announcements -- the supply chain innovation on May 5 and another which management was tight-lipped about by the end of Q2.

(click to enlarge)

OSTK data by YCharts

There has also been a lot of talk in the press regarding Overstock and its...

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