Litigation

The Sith Lord rears his ugly head again

By Tracy Coenen

The Sith Lord lives on, according to Overstock.com (NASDAQ:OSTK) CEO Patrick Byrne. I am thankful that we have Wacky Patty to look out for the interests of investors. He gave a speech March 3rd at the University of Utah, and the school newspaper wrote about his comments.

And who would have guessed that Byrne was going on and on about conspiracy theories? Again, he’s talking about naked short selling. And of course, naked short selling is the reason Overstock’s financial performance stinks and the stock is such a bad investment.

As usual, there is a conspiracy between journalists and hedge funds to screw investors. And now organized crime is involved, and Byrne laughably is quoted as saying: (more…)

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Full post as published by The FRAUDfiles Blog on March 05, 2008 (boomark / email).