Mike Arnold
Value, growth at reasonable price, long only, tech

Overstock.com: A High Conviction Idea With 150% Upside

It is quite possible that no other public company and/or its CEO is as controversial, or at least portrayed to be by the financial media, bloggers and knuckleheads in the Twitter Finance circle, as Overstock.com (NASDAQ:OSTK) ("Overstock" or "the company") and CEO Patrick Byrne. Whether Overstock is in the news for accepting Bitcoin as payment for goods on its site or for the long-running naked short-selling litigation lodged against the named defendants, Overstock is certainly not a darling on Wall Street or CNBC. Far from it. And the share price reflects as much.

Recently, Becky Quick invited Mr. Byrne to appear on Squawk Box to which I understand Mr. Byrne accepted, but then CNBC reneged on the...

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