Author Topic: OSTK - Overstock.com  (Read 155392 times)

KinAlberta

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Re: OSTK - Overstock.com
« Reply #310 on: October 26, 2017, 12:14:53 PM »
So what is the fairest thing to say? That OSTK is now attracting a lot of speculative buying or that it is or has been fundamentally undervalued?


KCLarkin

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Re: OSTK - Overstock.com
« Reply #311 on: October 26, 2017, 12:33:01 PM »
So what is the fairest thing to say? That OSTK is now attracting a lot of speculative buying or that it is or has been fundamentally undervalued?

Seems like it was fundamentally undervalued and the company shrewdly stoked speculative buying to catalyze that value. Not really my cup of tea, but I should have bought this. The setup was pretty obvious.

For those who own already, I recommend holding. Speculation can take this much higher.

KinAlberta

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Re: OSTK - Overstock.com
« Reply #312 on: November 07, 2017, 12:18:20 PM »

Will Overstock's $500 Million ICO Trigger An Explosion In Blockchain, Cryptocurrencies?

Oct. 26, 2017

https://seekingalpha.com/article/4116812-will-overstocks-500-million-ico-trigger-explosion-blockchain-cryptocurrencies



Overstock.com: Blockchain And Used Cars?

Oct. 26, 2017
excerpt:
"If Overstock wants to cut expenses and further improve profitability, the next natural move is to move its e-commerce payments’ system to the blockchain. Without intermediaries but computers executing transparent trades between parties via smart contracts, costs can be significantly reduced. Many value added functions are under development to more efficiently and securely facilitate payments processing. Digital identities, for example, will soon update and encrypt universal customer IDs and credit profiles in real time. Overstock will not have to conduct its own credit checks before releasing a car loan to the bank accounts of car buyers. It might still be too early to say,..."

https://seekingalpha.com/article/4116724-overstock-com-blockchain-used-cars

KCLarkin

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Re: OSTK - Overstock.com
« Reply #313 on: November 09, 2017, 07:50:29 AM »
Seems like it was fundamentally undervalued and the company shrewdly stoked speculative buying to catalyze that value. Not really my cup of tea, but I should have bought this. The setup was pretty obvious.

For those who own already, I recommend holding. Speculation can take this much higher.

Damn, I wish I had listened to you.

rkbabang

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Re: OSTK - Overstock.com
« Reply #314 on: November 11, 2017, 08:56:32 AM »
“Reflecting the high interest in bitcoin and blockchain, Byrne said about 850 people dialed into Overstock's third-quarter earnings call, according to a StreetAccount transcript. Byrne also said the call could be his last with the company as it currently exists.”

https://www.cnbc.com/2017/11/10/overstock-may-soar-if-sells-e-commerce-focuses-on-bitcoin-blockchain.html

KinAlberta

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Re: OSTK - Overstock.com
« Reply #315 on: November 14, 2017, 10:55:15 AM »
Saw a headline saying that George Soros  bought into Overstock

rkbabang

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Re: OSTK - Overstock.com
« Reply #316 on: November 14, 2017, 11:10:14 AM »
Saw a headline saying that George Soros  bought into Overstock

"Soros invested in 2,472,188 shares for $40.10 per share"
https://www.gurufocus.com/news/595550/george-soros-plunges-into-overstockcom

If that is accurate with 25M shares outstanding that is 9.8% of the company.

gurpaul88

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Re: OSTK - Overstock.com
« Reply #317 on: November 14, 2017, 11:12:51 AM »

spark411

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Re: OSTK - Overstock.com
« Reply #318 on: November 20, 2017, 03:57:08 PM »
Crazy good.    Listen to the last 2 minutes.   Clearly state catalyst.   Will be interesting to see how much higher it goes.   I think the market cap equaling the total revenues is reasonable.  Thoughts?

https://www.youtube.com/watch?v=Y9XWghQb20k

rkbabang

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Re: OSTK - Overstock.com
« Reply #319 on: November 21, 2017, 05:57:50 AM »
Crazy good.    Listen to the last 2 minutes.   Clearly state catalyst.   Will be interesting to see how much higher it goes.   I think the market cap equaling the total revenues is reasonable.  Thoughts?

https://www.youtube.com/watch?v=Y9XWghQb20k

I just sold half of my shares last week so I expect the stock to at least triple from here.  If there is one thing I do consistently it is sell way too early.