I occasionally take a peek at stock message boards like the Investor Village Overstock.com board when I need a bit of entertainment. It’s especially interesting when the poster “Hannibal” makes statements about the financials and operations of Overstock.com and makes no disclosure that he is, in fact, Patrick Byrne the …
From Zac Bissonnette at BloggingStocks: After Whole Foods Market (NASDAQ: WFMI) CEO John Mackey bizarre antics prompted an SEC investigation and widespread media hoopla, the company’s board of directors has decided on a new policy. Top executives and directors will now be explicitly prohibited from posting on online forums about …
After all the corporate crimes I’ve seen in the last 13-or-so years, it takes a lot to surprise me. Really, it does. But Patrick Byrne, the nutty CEO of Overstock.com has suprised me. Now, I’d like to think that my threshhold for surprise is pretty high with him. I mean, …
Note to Patrick Byrne, CEO of Overstock.com: Read carefully please. Note to readers: Check out Gary Weiss’s comments on this situation. According to the Wall Street Journal, the Securities and Exchange Commission has opened an informal inquiry into the message board postings of Whole Foods Market Inc.’s CEO John Mackey. …
