Suggestion for long posters here
This ytar, two days after Byrne announced he wouldnt need funds, he arranged a large PIPE from Fairfax.
Last Christmas, after selling longs down the drain with a smirk on his face on CNBC, he announced a turnaround for q3 this year-we all know how that went.
Do not lure sheep into this stock for purchase, especially given the fact Byrne is still CEO. By my book, he has come dangerously close to outright fraud-and has no credibility left. It will be a matter of time before 1) Overstock goes under 2) Lawsuits begin.