{"id":871,"date":"2007-07-31T14:59:17","date_gmt":"2007-07-31T20:59:17","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/07\/31\/patrick-byrne-overstockcom-ceo-has-surprised-me\/"},"modified":"2011-08-14T11:21:29","modified_gmt":"2011-08-14T16:21:29","slug":"patrick-byrne-overstockcom-ceo-has-surprised-me","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/patrick-byrne-overstockcom-ceo-has-surprised-me\/","title":{"rendered":"Patrick Byrne, Overstock.com CEO has surprised me"},"content":{"rendered":"

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.<\/p>\n

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, this is the guy who talks about Sith Lord conspiracies on official, recorded conference calls with Wall Street. So you pretty much have to expect stupid things out of him.<\/p>\n

But this takes the cake, and all credit goes to investigative journalist Gary Weiss<\/a> for finding this gem…<\/p>\n

Overstock had its earnings conference call this morning. I spared myself the agony of listening to half-baked answers about all the accounting and inventory issues of the company. (I may go take a peek at the transcript, though. I can speed read and minimize the pain.)<\/p>\n

During the conference call<\/strong>, Patrick Byrne posted a message on the Investor Village message board<\/a>. Seriously. I said during.<\/p>\n

Gary Weiss says he saw this on the message board at 11:43am Eastern time. While the conference call which began at 11:00am Eastern time was still ongoing. (Note that Hannibal is one of Patrick’s online aliases<\/a>, and as we’ve seen so many times in the past, he did not identify himself as Patrick Byrne, CEO of Overstock… Regulation FD be damned!)<\/p>\n

\"\"<\/a>
\nDo you mean to tell me that the company’s CEO can’t even be bothered to give his full attention to a conference call for his own company????<\/p>\n

My advice to Patrick: Focus a little more on running your company, and you might actually turn a profit someday. I know. Chances are slim. But could you at least make it look like you’re trying?<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[827],"tags":[1327,1326,1349,187],"class_list":["post-871","post","type-post","status-publish","format-standard","hentry","category-public-companies","tag-hannibal","tag-investor-village","tag-message-board","tag-overstockcom"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-e3","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=871"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/871\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}