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  • 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 […]

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  • Overstock.com: Pretend Accounting Measures Muddy the Waters

    I present for you today one (just one) example of the accounting shenanigans at Overstock.com Inc. (NASDAQ:OSTK) to demonstrate the deception of management. This accounting concept is quite elementary, and it is called EBITDA. EBITDA = Earnings Before Interest, Taxes, […]

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  • Overstock.com: Year-End Revenues Fall Far Short of Byrne’s Hype

    If Patrick Byrne is good at anything, it’s hyping Overstock.com (NASDAQ:OSTK) when the company is not deserving of the hype. To hear him tell it in real time, everything is rosy and the company is doing stellar and investors will […]

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