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Overstock.com Inc. Message Board

  • punbr punbr Sep 6, 2013 10:11 AM Flag

    Adding here. Pretty fair chance of a reversal today. Selloff on low volume.

    I expect us to be green at some point today.

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    • Nice call (so far). I still don't get how this thing is trading at such a low valuation. Why wouldn't a company like COST or someone else approach them about buying them about? Even if you compare the price of this relative to marginally profitable companies like Sierra Trading Post (posted about here before - private internet retailer that was purchased for 1X sales in Dec (when everything was valued lower than now)) it's trading at a 40% discount. Is this just something that is off the radar of a lot of people? I understand the hatred for Byrne by Wall Streeters but the operating performance of this company after the hiccups in 2011 have been corrected and the company is growing pretty rapidly on the bottom line and has solid growth and improving margins on the top line.

      What gives?

 
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