I read his stuff. I'm happy to go buy his stock and hope for a massive short squeeze. As a rational investor though, I need to see him putting out facts, and backing them with more facts. Not relying on guys like you, or other anonymous posters, bloggers etc (which the website you posted is - anonymous). If he's so right, why isnt he posting letters sent to/from the brokers he claims are not giving him his certs? Its all hear-say until real names, letters etc are posted. Maybe he needs to go buy some ads in the NYT, WSJ ect
you have no credibility... your drivel makes my embarrassed for you. talk about getting your facts straight... the only psychotic is that train wreck cramer... geezzz... what a screw ball that guy is.
I have to say this does seem like extreme b.s. If I wanted stock certificates and could not get them. I would walk into my Federal court house and ask the judge to issue writ demanding the delivery of my property. A fuck you from a broker would not only be unaccpetable it would be cause for contempt.
Tom. Don't buy Tuesday morning. The Naked Shorters will be out in force trying to take it down to the low 20's. www.theSanitycheck.com \They are finally making big mistakes. Two negative articles like two weeks ago. But they sent the reporters to PB with the same question, not even changing the wording. Absolutely hilarious. And don't think he hasnt' been to a Federal Courthouse. Boyd is like the guy in "Operation Burmuda Short". That was a sting down in Boca that set up the whole thing. As the story goes, the Bureau wanted to shut it down, so they raided the place. The FBI was there, helmets on, batons and guns drawn, when a new guy with a sponsor walked it and started shaking hands with everybody, incl. agents, because he was so excited about the money he was going to make. Sounds like Nnumbdong, don't it? I have no positon in Overstock, however I wasn't in "The Aviator", but I still enjoyed watching.
As predicted. Now, BW will come out. Tuesday the stock will be under pressure, but you won't be able to get a locate. Only the hedgies will. And the options will be priced out of sight... This is a battle between Byrne and the bad guys. there is no edge for us. This is a planted article. It's just a tool they imploy.....Do you think the Post readership, who PB said one time moves its' lips when it reads, cares about Overstock? BYRNE CASH CRUNCH By RODDY BOYD Patrick Byrne, Overstock.com's embattled chief executive, is staring at some difficult financial decisions. Rocked by red ink, Byrne is facing a likely cash crunch in 2006 as the Web retailer of closeouts is burning through whatever greenbacks it had in the till. And the holiday shopping season didn't help. In late December, Overstock announced that it would achieve a rather difficult feat for a nationally known retailer â it'd lose money in the spending-mad fourth quarter. The news couldn't have come at a worse time as its cash supply is shrinking. At the end of September, it reported $2.6 million in cash on hand, according to its 10-Q, down from the $31.3 million it reported at the end of June. While its cash on hand is expected to remained unchanged in the fourth quarter, the post-holiday first quarter usually finds cash registers much quiet and all those holiday invoices coming due. Wells Fargo, Overstock's primary lender, indicated its awareness of Overstock's declining liquidity and demanded much more restrictive terms for a line of credit. More importantly, the company had to pledge all of its assets as collateral, so even its $74 million in marketable securities â $50 million of which was tied to a basket of Asian securities as of Sept. 30 â doesn't appear to offer much solace. Piper Jaffray's Aaron Kessler said he anticipates there will be a "cash crunch by the middle of this year," although he said that with continued revenue growth and some cost reduction in selling, general and administrative expenses, "they could get through it OK." Looking forward, Overstock said its sales growth â humming along at a 530 percent growth rate between 2002 and 2004 â would slow to double digits. Even Wall Street analysts, long entranced by Overstock's aggressive growth story, hurried to lower their ratings. Craig Bibb, with W.R. Hambrecht, Overstock's underwriter, reduced his rating to hold and cut the target price on the stock to $28 from $37. Overstock's Byrne disagreed with the suggestion of a cash crisis at the retailer. He said that with a $50 million bank line and $112 million in cash, its liquidity was fine. He said that there were no plans to raise additional capital. Home -------------------------------------------------------------------------------- NEW YORK POST is a registered trademark of NYP Holdings, Inc. NYPOST.COM, NYPOSTONLINE.COM, and NEWYORKPOST.COM are trademarks of NYP Holdings, Inc. Copyright 2005 NYP Holdings, Inc. All rights reserved.
Is there a website that lists how many days a reg. sho security has been on the list? I know that this info is actually on Bloomberg, but I'd like to have it at home... Websites Ive seen only relay the data by Nasdaq, which doesnt display how many consecutive days.
buyins .net does a good job. They have a squeeze service that tells you what stocks are going to go up and when, but until the laws are enforced, I can't see how that can be useful.
I'm am so, so sorry that DeadDork thinks I' m promulgating a conspiracy theory. That is so wrong of me. Hmmm. Two articles, one using key word/phrases from the first. Mark Cuban out this morning already. and this: (theflyonth..) Overstock.com-OSTK CEO outfoxes Business Week reporter-InternetOu sider.com - Henry Blodget details why he is impressed Overstock.com-OSTK CEO outfoxes Business Week reporter-InternetOutsider.com - Henry Blodget details why he is impressed with Overstock.com CEO Patrick Byrne after being ready to write him off as a "paranoid fool." Mr. Byrne received a lengthy list of preliminary questions from Business Week reporter Timothy Mullaney in order for him to write a short piece on the company. Some of the questions were "snarky," with one even questioning the CEO's apparent weight gain. Mr. Byrne responds to many of the questions in detail, but has them published by a friend before the Business Week story runs. This caused the reporter to call Mr. Byrne screaming and threatening, cursing at Mr. Byrne's temp secretaries, and vowing that Mr. Byrne would be sorry when the piece ran. In response to this, Mr. Byrne wrote another note that was published by his friend. I've rethought this. Why shouldn't those with the most money and control of the press make the rules? I've been so selfish. *** end of story ***
http://thesanitycheck.com/Portals/0/foia013006.pdf http://thesanitycheck.com/Portals/0/foia013006data.pdf summary, OSTK trading on 8/1/05 of a total 660,000 Fails were 550,185 no position.