Patchie

Errors in Overstock's Submissions to SEC: What Do They Signify?

Byrne doesn't sound so crazy when you listen to those deep in the know;

Anand K. Ramtahal, VP, FINRA

"I don’t know how to fight off an aiding and abetting charge when a customer misrepresents to you and you really do nothing to track the underlying fails that result from that misrepresentation. You have to seriously think about the aiding and abetting violation that is in the regulation right now so it’s, you know, really the Commission is moving in a different direction when it comes to regulation—Regulation SHO and growth of the other issues around Regulation SHO. And quite frankly I can tell you from where I sit, I mean, there is a lot going on, I was talking to my fellow panelists this morning, on the Hill, in Washington, around Regulation SHO. So we can expect to see a lot more in the way of rule making and amendments to this regulation as we move forward. So, the regulation was adopted in January 2005, but there is a lot of discussion around misrepresentation and peripheral issues wherein short and long sales have failed to deliver."


investigatethesec.com/...

It is too bad Sam, Tracy Coenen, Gary Weiss, Herb Greenberg, et. al. never seek to understand these issues Byrne has spoken of. Clearly others of more significance have taken note.

Overstock Earnings: Has a Turnaround Really Occurred?

Marketwatch on Friday;

OSTK, , ) shares surged $4.47, to close at $18.47 after the Salt Lake City-based company posted a first-quarter loss of $3.9 million, or 17 cents a share, on $200.7 million in sales.

The results topped the estimates of analysts surveyed by Thomson Financial, who had forecast Overstock to lose 32 cents a share on $168.9 mililon in revenue.

Sam, do you think that the fact that Overstock blew away analyst expectations had anything to do with the run up? Is everybody in this conspiracy against you and your tag team of vindictive losers? Let us all in on the secret with the analysts. Maybe they didn't factor in Easter and a leap year into their expectations or...maybe Overstock actually performed well this past quarter.

Come clean Sam, you are a spineless twit that throws out fraud accusations under the disguise of free speech when in fact you are attempting to manipulate the market you accused Byrne of manipulating. Why else would you dedicate such time and resource on one company you claim you have no financial interest in? Operative word - CLAIM.

Overstock Earnings: Has a Turnaround Really Occurred?

Sam, really is all this true?

You and Gary Weiss seem obsessed over this Marin County investigation and preferred that Overstock announce that negative news on options expiration but didn't want the positive quarterly results likewise announced since that was positive news.

Here is a flaw in your analysis. If 2007 Q1 was non-GAAP, and by all of your previous claims presented overly optimistic results, then Overstock clearly understated the performance improvement this quarter since this quarter was filed according to GAAP. I am really amused at your obsession with Easter and Leap days as well. Can we assume you will be writing about other retailers who likewise took this advantage into Q1 earnings?

Overstock's Q1 Spin Hides Some Worrying News

Gary, Overstock announced the Marin County Investigation within 3 days of the news they received. That is within legal time limits on a material issue. BTW, your buddy sam Antar is accusing Overstock of Manipulating the Options Market when they announced their quarterly results on Options expiration date.

Can you guys get on the same page? It seems you guys want Overstock to announce an investigation into their advertising (negative) at options expiration but not quarterly results (positive). Is that because you guys had outstanding puts in the market? Notice they announced both on the same day.

Overstock's Q1 Spin Hides Some Worrying News

Weiss is a coward and a shill. He is an embarassment to financial media and should be investigated for criminal stock manipulation. Weiss, Sam Antar, and Tracey Coenen as well as a few others are clearly working to destroy a publicly traded company and have gone well beyond freedom of speech.

For individuals to be 'saviors' looking out for the best interests of the investing public they sure have a funny way of showing it. I am personally interested in who is financing this campaign of trash talk by these individuals.