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bar1080

03/10/16 1:20 PM

#616 RE: bar1080 #615

"Why Overstock.com Shares Jumped 23% in February"

"Now what: Byrne's odyssey into blockchain seems to have attracted Bitcoin enthusiasts and other fans of the new technology, but Overstock's core businesses is still in disrepair. The stock has traded sideways since its inception more than 10 years ago, and has rarely done better than break even. Based on that history, it's hard to make a convincing case for the stock especially with Amazon.com happy to operate near breakeven as well. Some may see value in the blockchain operation, but that remains an unproven business model. The retail operations, meanwhile, continue to sag."

http://www.fool.com/investing/general/2016/03/05/why-overstockcom-shares-jumped-23-in-february.aspx