You know, I've been doing this a lot of years, and I"m so envious of guys like you, because I've never been this confident of anything. What a statement to make. You may be right. But those guys marching around declaring the end is near will be right too - someday. You ain't got that kinda money to wait.
What's funny, is Peterfyy was subject to the same disease as OSTK. It was the Dutch Auction IPO that klled him, and now he lends out Pennies, OSTK. Just thought it was sort of ironic. Byrne was threatened, btw, after his IPO. They said they would destroy him, and they almost did. Almost is a biggggggggg word.
dude i came to $2 to 3 conclusion becuase retail sales are down everywhere and when retail sales where up ostk was losing money...
Dude, when you short more than the float, what difference does business make? And besides, I 'm not sure you "coming to a conclusion" is proper fundamental analysis - not that proper fundamental analysis works in these situations anyway. No one knows what they're going to say. Wht if he restructures to screw the shorts? He could do anything. Lots of family money there, and, I hear he's got it in for Wall St. But don't tell anyone. It's a secret.
You can buy a lot of flea dip with the amount this dog is up. I think these boards are right; lots of pretenders here.
I think the premium may be coming out of someof those puts... 08:05 OSTK Overstock.com beats by $0.19, beats on revs (29.65 )