Market Currents

• Tuesday, November 17, 2009

• 19:18 PM There Overstock.com (OSTK) goes again: Amid ongoing scrutiny of its accounting methods, the company has fired its auditor and filed a 10-Q that hasn't been reviewed, and produced an investor letter explaining (complete with Nietzsche). A likely can't-miss Webcast with Patrick Byrne to come after the close tomorrow. 1 Comment

• Thursday, October 29, 2009

• 11:30 AM The prolonged recession is straining balance sheets as an increasing number of accounting irregularities are showing up in U.S. firms - including recent issues emerging at Apollo Group (APOL), Overstock.com (OSTK), Town Sports International Holdings (CLUB) and Zale (ZLC). 3 Comments

• Thursday, July 2, 2009

• 13:30 PM A crusade by Amazon.com (AMZN) and Overstock.com (OSTK) against states looking to boost their tax revenue by forcing companies to collect sales tax if they have marketing affiliates in the state is making a mark. 4 Comments

• Tuesday, June 9, 2009

• 11:28 AM Overstock.com's (OSTK) outspoken CEO Jim Byrne hasn't figured out how to boost sales despite an economy that should be a boon for this sellout firm. Still, that isn't stopping him from dishing out generous dollops of advice on everything from employment figures to the evils of corporate spin doctoring. 2 Comments

• Friday, January 30, 2009

• 09:05 AM Overstock.com (OSTK): Q4 EPS of $0.04 beats by $0.07. Revenue of $256M vs. $258M. (PR) Comment!

• Tuesday, August 19, 2008

• 08:01 AM Strong accusations of Overstock.com (OSTK) paying off the Utah attorney general to silence a critic. More details here. Comment!

• Thursday, July 24, 2008

• 10:54 AM Are Overstock.com's (OSTK) stock buybacks destroying shareholder value? Comment!

• Monday, July 21, 2008

• 07:03 AM Sam Antar: The SEC's allowing Overstock.com (OSTK) to overstate EBITDA. Comment!

• Friday, July 18, 2008

• 09:23 AM Overstock.com (OSTK): Q2 EPS of -$0.28 in-line. Revenue of $189M vs. $181M. Shares -3.4% [PR] Comment!
• 07:24 AM Overstock (OSTK), which reports earnings before market opens, has one of the most entertaining conference calls on the Street. Expect a hearty discussion of naked short-selling. Comment!
• 00:15 AM Notable earnings before Friday's open: C, GBTS, BRNB, HON, LAB, MAN, MAT, OSTK, BPOP, SLB, STU. Comment!

• Monday, June 16, 2008

• 12:24 PM "There are hundreds, maybe 1,000 or more companies that have been destroyed by hedge funds using an illegal technique (short-selling). It's a perfect crime because nobody even sees there is a crime." - Overstock.com (OSTK) CEO Patrick Byrne Comment!
• 11:34 AM "I can't suggest that people buy, and in fact sometimes I have gone out publicly and said, this is a pretty dangerous stock to own, because it's being manipulated by very powerful people, and I am unpopular." - Overstock.com (OSTK) CEO Patrick Byrne Comment!

• Friday, June 6, 2008

• 12:38 PM Overstock.com (OSTK) emerges from SEC probe unscathed. Shares down 5.1%. Comment!