Author Topic: OSTK - Overstock.com  (Read 140718 times)

lessthaniv

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Re: OSTK - Overstock.com
« Reply #250 on: April 24, 2013, 08:29:33 AM »
Francis trimmed 132,000 shares. Not huge.
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lessthaniv

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Re: OSTK - Overstock.com
« Reply #251 on: May 03, 2013, 08:40:39 AM »
Francis keeps trimming.

Anyone with access to a Bloomberg terminal that can tell me what the current short interest is?

Thanks in advance.
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valueinvesting101

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Re: OSTK - Overstock.com
« Reply #252 on: May 03, 2013, 09:27:19 AM »
Short interest = 3.3M

% of float = 20.91%

lessthaniv

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Re: OSTK - Overstock.com
« Reply #253 on: May 03, 2013, 12:50:04 PM »
Short interest = 3.3M

% of float = 20.91%

Does that come from the Nasdaq site or is that up to the day?
Thanks for helping out.
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txlaw

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Parsad

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Re: OSTK - Overstock.com
« Reply #255 on: July 30, 2013, 07:30:13 PM »
Boy, that's a mistake!  They tried this back in 2003...how did that go?  You can see the old video on YouTube where Patrick talks to CNBC about undercutting Amazon's book business. 

I don't know why they want to take on the goliath.  Did Costco take on Walmart or stick to a niche area?  See's isn't going to hunt down Hershey's.  You can make a great little business, with a cult following, in a very specific niche, and make your shareholders and employees rich over time.  Or you can possibly go out of business because you decide to take on the incumbent leader.  Cheers!
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fareastwarriors

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Re: OSTK - Overstock.com
« Reply #256 on: August 20, 2013, 10:23:10 AM »
http://www.digitalbookworld.com/2013/overstock-continues-to-wage-pricing-war-with-amazon-with-new-discounts/


Overstock Continues to Wage ‘Pricing War’ With Amazon With New Discounts

hellsten

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Re: OSTK - Overstock.com
« Reply #257 on: August 20, 2013, 11:59:58 AM »
Quote
Overstock.com intends to begin rolling out a new international program by mid-October, and hopes to introduce software, logistics systems, and e-commerce businesses for over 100 countries in six to nine months, Byrne said. "We think there are some places that have very little e-commerce now in their native languages and will be good opportunities for us," the CEO told The Fly in an interview yesterday. "We figured out a supply chain and website that works for international operations," he added. Overstock currently has product descriptions in eight different languages and offers shipping to foreign countries on its main website, but only about 2% of its revenue comes from abroad, Byrne noted.

Quote
Overstock is growing more than 15%, while the ecommerce sector as a whole is expanding at a 15% pace, so Overstock should be gaining market share, Byrne added.

Quote
Overstock recently ended a promotion in which the company sold books for at least 10% below Amazon’s prices. The promotion generated a "huge spike in traffic," but would have cost Overstock $3 million per year to maintain, Byrne stated, adding that he estimates the resulting price war would have cost Amazon $500 million annually. "It was a close call," but Overstock decided not to take that route, Byrne indicated.

http://www.theflyonthewall.com/permalinks/entry.php/OSTK;AMZN;EBAY;GOOGid1877377/OSTK;AMZN;EBAY;GOOG-Overstockcom-targets-major-international-presence-by-mid

Parsad

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Re: OSTK - Overstock.com
« Reply #258 on: August 20, 2013, 03:51:58 PM »
Quote
Overstock.com intends to begin rolling out a new international program by mid-October, and hopes to introduce software, logistics systems, and e-commerce businesses for over 100 countries in six to nine months, Byrne said. "We think there are some places that have very little e-commerce now in their native languages and will be good opportunities for us," the CEO told The Fly in an interview yesterday. "We figured out a supply chain and website that works for international operations," he added. Overstock currently has product descriptions in eight different languages and offers shipping to foreign countries on its main website, but only about 2% of its revenue comes from abroad, Byrne noted.

Quote
Overstock is growing more than 15%, while the ecommerce sector as a whole is expanding at a 15% pace, so Overstock should be gaining market share, Byrne added.

Quote
Overstock recently ended a promotion in which the company sold books for at least 10% below Amazon’s prices. The promotion generated a "huge spike in traffic," but would have cost Overstock $3 million per year to maintain, Byrne stated, adding that he estimates the resulting price war would have cost Amazon $500 million annually. "It was a close call," but Overstock decided not to take that route, Byrne indicated.

http://www.theflyonthewall.com/permalinks/entry.php/OSTK;AMZN;EBAY;GOOGid1877377/OSTK;AMZN;EBAY;GOOG-Overstockcom-targets-major-international-presence-by-mid

They should just let me run the company!   ;D  Cheers!
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lessthaniv

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Re: OSTK - Overstock.com
« Reply #259 on: August 20, 2013, 04:14:16 PM »
At least he came to his senses!
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