Overstock | Retail Value and Risk Factors

On May 15, Overstock (OSTK) filed a Form 4 with the SEC. The filing disclosed that Patrick Byrne, Overstock's CEO and Chairman, had sold 500,000 shares of common stock in the open market. That revelation sent Overstock down about 15% on the day. For me, going long Overstock has been a humbling experience. The thesis … Continue reading Overstock | Retail Value and Risk Factors