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Overstock.com CEO believes there's a conspiracy against

J

JS80

Lifer
Is Overstock.com CEO on crack or is this some kind of marketing ploy?

NEW YORK (AP) -- Overstock.com Inc. has problems, and its CEO wants you to believe they're your problems, too.

Patrick Byrne, the Internet retailer's chief executive officer, has called short selling of his company's shares -- essentially a bet their price will fall -- a conspiracy orchestrated by a "Sith Lord." He later likened the conspiracy to an organization structured like al-Qaida and said his stock has been targeted by "naked short-sellers," a practice he said has ties to Italian, Russian and Israeli mafia. It's a practice, he maintains, that should worry other corporations and their shareholders.
 
Originally posted by: JLGatsby
Mark Cuban was talking about this guy on his blog, he (Cuban) thinks (Byrne) is an absolute idiot and nutcase.
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That and I remember reading he, mark cuban, shorted overstock.com stock right after hearing from him. 🙂
 
I love the girl of their commercial, her name is Sabina Herenfeld (or something like that). She is so feminist, sooo sexy, hmmm.

Eltano
 
Originally posted by: Eltano1
I love the girl of their commercial, her name is Sabina Herenfeld (or something like that). She is so feminine!=ist, sooo sexy, hmmm.

Eltano
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Seriously, Feminist are those ugly hippy girls who hate men, feminine would be for example elisha cuthbert...😀ool;

We seriously need a drool emoticon..
 
stock blackmail is very real, they just maybe a high profile target.

Screwing with a companies stock by buying and selling it at screwed up ask prices can and has killed a company's stock price.
 
I think he is on crack. By the way, this Sith Lord stuff isn't new. Older article with a bit more detail.
There was more. As Mark Cuban, the billionaire investor, later wrote on his blog, "Never before in the history of Wall Street has a single conference call mentioned the following topics: miscreants, an unnamed Sith Lord he hopes the feds will bury under a prison, gay bathhouses, whether he is gay, does cocaine, both or neither, and an obligatory 'not that there is anything wrong with that,' phone taps, phone lines misdirected to Mexico, arrested reporters, payoffs, conspiracies, crooks, egomaniacs, fools, paranoia, which newspapers are shills and for who, payoffs, money laundering, his Irish temper, false identities, threats, intimidation, and private investigators. All in 61 minutes." Cuban is now short 20,000 shares of Overstock.
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