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Re: Chas56789 post# 335017

Saturday, 05/19/2012 12:34:52 PM

Saturday, May 19, 2012 12:34:52 PM

Post# of 358440
No, Overstock.com is a prime example of a goofball management team that burned over a quarter of a billion dollars worth of their shareholders' equity and then tried to blame their problems on naked short selling.

Overstock.com is yet another example of a stock where, if you naked shorted it, you took the right side of the trade.

"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital

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