Thursday, October 29, 2009

Overstock.com - Questionable Accounting, Naked Shorting.

The jig appears to be up at Overstock.com. While moving away from the original niche of selling overstock merchandise bought cheaply, to try and directly compete with Amazon and complain about naked short sellers, they appear also to have employed some very questionable accounting to show any bit of profits.

Overstock.com CEO Patrick Byrne Is In a Very Sour Pickle

Thursday, October 1, 2009

Do Not Buy Penny Stocks