Are you claiming SEC cares? Or that Wallstreet is honest? :)
Ask Overstock CEO if SEC cares, or is he thinks Wallstreet is honest. Its too bad his company doesn't make any money, he led the fight for exposure, but no one really cares... that's my honest opinion.
Now, people beat the drum, NSS'ing, but its like crying "wolf", no one will believe you... just my opinion.
My point is this, the company PR's they believe their stock is being NSS'ing. No one believes them. CEO states tradable float is around 100 million shares.... No one believes him...
Now, is the CEO and company is lying? Or there is a NSS'ing problem.
Now, I ask all the haters this.... Why would the CEO risk being caught in a lie?
Seriously, why risk the companies future with a lie about the shares? Even diluting wouldn't hurt the company that is growing at this rate, but lying would be "death"... and he could go to jail...
I am betting on management is telling the truth, but you have to make that decision for yourself. Risk vs Reward...
Lying right now, would make no sense!!!!!!!!!! Company just locked in the biggest deal of its history.... Viacom/Nick could potentially drop them if they found out management was shady and lying to share holders.... Just my opinion...
