The Case Against Overstock.com (OSTK) 2 comments
August 03, 2005
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The Stalwart submits:
Those looking for some short exposure in their portfolio should read some of Jeff Matthews' excellent blog as he has been on a one-man mission to expose what he sees as fraud and deception at Overstock.com (NASD: OSTK).
According to Mr. Matthews, the management team is totally dishonest, they put out misleading financial data, and the business stinks. In Stalwartian fashion he backs up his case with a close reading of the reports and lots of hard data.
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