Here is another | OSTK Message Board Posts

Overstock.com, Inc.

  OSTK website

OSTK   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  43906 of 43920  at  11/12/2017 9:09:08 AM  by

go_stk


 In response to msg 43905 by  evren
view thread

Re: Here is another

Lucky you.
 
And thanks for sharing, evren.  He's my hero too:
 
" insistent on not having an insurance policy"
 
While we're on the subject, I first heard about him in 2003.  OSTK needed more capital and there was a secondary offering of OSTK shares.  Market price was around $8 per share.  Well below the recent $13 IPO.  And I believe there were no big investors that were interested at that price, or he simply chose to pony-up of his own cash.
 
Out of consideration for his IPO investors, he put up his own money @ $13 per share and in the process overpayed by multiple millions dollars.
 
I'm honest.  But this guy's out-of-my league. 
 
 
 


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 6     Views: 48
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board


About Us    Contact Us    Follow Us on Twitter    Members Directory    Help Center    Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
2003-2016 Investorvillage.com. All rights reserved. User Agreement
   
Financial Market Data provided by
.

Loading...