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Overstock shares surge 26% after CEO says it will sell retail business by February to focus on crypto


Jason
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2 minutes ago, Spawn_of_Apathy said:

Why do I feel like the next story we will read about Overstock will be them announcing in a couple months they have changed direction again and are sticking with retail. Followed by a story about the SEC investigating the Overstock CEO for stock manipulation and insider trading. 

 

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1 hour ago, GeneticBlueprint said:

My friend works as a data analyst for Overstock. VPs are telling him that the article misquoted/misunderstood the CEO.

 

Ah a Republican style "it was just a joke bro" presumably. 

 

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"I don't care whether tZero is losing $2 million a month," Byrne told the Journal. "We think we've got cold fusion on the blockchain side."

 

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