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With the stock price of Overstock.com over $35 a share and management showing positive results how have the shareholders of OSTK been lied to?
Nov 06 17:55 pm
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All Comments by Berkstock3 »Patrick Byrne's Staggering History of Lies [View article]
As a shareholder I am pleased with how the the good doctor Patrick Byrne has had honest and open two way communication with everyone. In fact, on the last earnings conference call the good doctor did just that and offered the microphone to Mr. Sam Antar with whom you talk about in you article. Well Sam did not ask a question when offered right there in front of everbody to hear.
In your article you mention that the price movement in OSTK is just a "classic short squeeze." I disagree with that. The classic short squeeze will be when Overstock.com reports a profit in their Q4 earnings report IMO.
The truth with Dr. Byrne is that he is showing Wall Street what this publicly traded company is worth and how future growth lies ahead and not everyone is happy about that.