Commentary on fraud, scams, scandals, and court cases.
 

Overstock.com Stalks Critics, Hacks into Facebook Accounts, and Disproves Own Conspiracy Theory

The story about the Oversock.com theory that anyone who is “friends” on Facebook is part of a naked short selling conspiracy keeps getting weirder. It was bad enough that former Overstock.com employee and paid stalker (paid by OSTK CEO Patrick Byrne, nonetheless) Judd Bagley has created a database of Facebook …

Evidence of Naked Short Selling? Hardly.

The tinfoil hat-wearing crew over at Deep Capture thinks they’ve finally demonstrated an actual case of Naked Short Selling damaging a company.  (They’ve been asked repeatedly to prove that naked short selling has ever severely damaged a company, and have yet to produce proof that any such thing has happened.) …

In Agreement: Overstock.com Sucks and Patrick Byrne is Wacky

I’ve written plenty here about perpetual money-loser Overstock.com (NASDAQ:OSTK) and its wacky CEO Patrick Byrne. Unfortunately, I’ve mostly lost interest in the topic. Why? It’s the same old, same old. Overstock.com continuously loses money for shareholders. Byrne pretends that profits are right around the corner. More money is lost. Dishonest …

Overstock.com and Naked Short Selling

An article on the Industry Standard by managing editor Ian Lamont, “Overstock.com CEO: I’m not vindictive.”, explores a recent blog post made by Patrick Byrne on his site that attempts to expose corruption on Wall Street. Byrne is the completely inept CEO of Overstock.com (NASDAQ:OSTK), the man who has run …

Short Selling, Miscreants Ball, and Conspiracies… OH MY!

On August 12, 2005, Patrick Byrne, CEO of Overstock.com (NASDAQ: OSTK) had a conference call he said was going to give information about the “August 11 lawsuit.” The transcript is 17 glorious pages of Byrne rambling about his conspiracy theories. No questions. Just Byrne and conspiracy theories. I read it …

Thousands of Victims of Naked Short Selling, But I’m Not Naming Names!

I’m not an expert on Naked Short Selling. Frankly, I’ve just never really been interested in the topic. Does it appear to exist? Yes. Does it appear to be the reason Overstock.com (NASDAQ:OSTK) is doing so poorly and its stock is far below where it was a few years ago? …

Usana’s Naked Short Selling Conspiracy Theory

Is there something in the water in Utah? Or have Usana Health Sciences executives been lunching with Patrick Byrne, CEO of Overstock.com? It seems that Byrne’s naked short selling conspiracy theories have worn off on Usana. Usana executives haven’t been caught whispering about Sith Lords yet, but for all we …