• Herbalife President: Well it’s ALMOST True….

    Another top executive is caught lying about his credentials, but we’re supposed to think it’s no big deal. First it was Usana Health Sciences (NASDAQ:USNA) board member Denis Waitley lying about his college degrees. Then it was Usana CFO Gil […]

  • Gradient Analytics Looks Forward to Proving Overstock Wrong

    Case Essential To Protecting Analysts From Issuer Retaliation SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Gradient Analytics, Inc. said today that a California state court has ruled that discovery may proceed in the Overstock.com vs. Gradient, et al. litigation. Discovery had been stayed for several […]

  • GAAP Being Replaced By BOSS

    It’s official. The Sith Lord and I have concluded our meeting, and public companies in the United States will no longer be required to follow GAAP (Generally Accepted Accounting Principles). Instead, they will immediately begin following BOSS (Because Overstock Said […]

  • Patrick Byrne’s delusions

    More delusional talk from Patrick Byrne, CEO of POS Overstock.com. From Herb Greenberg at Marketwatch: Speaking on the Fox Business Channel today to my friend Liz Claman, [Byrne] said: “I think that there’s been an unhealthy collusion developed between certain […]

  • Latest Overstock.com Lie: 2007 First Quarter Numbers Were GAAP

    Yesterday Sam Antar printed a very interesting piece on his blog that sharply criticized the 2008 first quarter earnings release of Overstock.com (NASDAQ:OSTK). I picked up the most damaging part of it, which related to Overstock claiming a 27% increase […]

  • Manipulation of Earnings in Overstock.com Press Release (Are You Surprised?)

    Today convicted felon Sam Antar has an exciting piece on his blog about Overstock.com (NASDAQ:OSTK) and how it fudged its earnings figures in Friday’s press release, caused a short squeeze right before options expired, and continued on Patrick Byrne’s path […]

  • A bit of irony from Patrick Byrne, CEO of Overstock.com

    Recently a countersuit was filed by Gradient Analytics against Overstock.com (NASDAQ:OSTK) and Patrick Byrne, claiming that the company and Byrne engaged in a smear campaign after negative reports on Overstock were issued by Gradient. The suit includes allegations that Overstock […]

  • Herbalife Red Flags for Fraud Issued

    Disclosure: Barry Minkow is currently shorting Herbalife stock, and intends to short any stock he reports on in the future. Details found on page 3 of this document. Today Barry Minkow and Fraud Discovery Institute released a list of the […]

  • Gradient Analytics’ Early Research Identified Same Issues as Charges in SEC Complaint against Biovail

    SEC Credits Analysts Who Questioned Biovail, But Retaliation Against Independent Researchers Through Lawsuits Continues SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Gradient Analytics said recently its research into Biovail from 2002 to 2003 identified the same issues that are now the centerpiece of the accounting-fraud […]

  • Usana’s Contradictions

    Someone on a message board for discussing Usana Health Sciences (NASDAQ:USNA) made some interesting comments about the company. Quite simply, management consistently makes statements that contradict earlier statements. Here’s what she observed: