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Recession Investing: Overstock.com (OSTK)

Started by tfn · 11 months ago

Friday, as U.S. indexes crashed, MCB Bank ADR was trading at $9.07 a share. (Prices reported on Bigcharts.com typically reflect the closing price of the last trading day.) That’s a 10% gain in less than a week! ... Continue reading »

1 comment

  • Overstock would be a great buy if it weren't incredibly mismanaged by a bipolar CEO and a group or yes-men executives... (not to mention a puppet board of directors). Look at other niche closeout retailers that are well managed for your bear market picks.

    Closeout retail is a great buy right now, but go with a company that is solvent, transparent, and not managed by buffoons.

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