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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Patchie who wrote (95726)	10/3/2006 8:55:43 AM
From: StockDung	Respond to of 122087

OVERSTOCK TANKED BECAUSE THE COMPANY UNDER PREFORMED AND THE CEO MADE STATEMENTS ABOUT THE COMPANIES REVENUES WHICH DID NOT COME TRUE. THE CURRENT MASSIVE LOSSES IN OVERSTOCK AND THE CEO STATING HE WORKS 50% OF THE TIME IS LIVING PROOF OF YOUR BALONEY. YOU FURTHER NOT MENTIONING OVERSTOCKS POOR PERFORMANCE IS VERY DECEPTIVE. THERE IS A GOOD CHANCE THAT MANY FTD'S IN OSTK ARE BECAUSE OF OPTION MARKET MAKERS HEDGING THEIR POSITIONS. AS YOU KNOW THIS IS 100% LEGAL AS YOU KNOW SINCE YOU HAVE CRIED ABOUT THIS RULE MANY TIMES. HOW BAD IS IT AT OVERSTOCK? IS THIS THE ONGOING REASON FOR THE TANK WATCH? Overstock.com Drops on Cut to 'Sell' Wednesday September 27, 11:30 am ET Overstock.com Shares Fall, Analyst Sees Weak Ad Spending Cutting Into New Customers, Sales NEW YORK (AP) -- Shares of the bargain retailer Overstock.com Inc. sank Wednesday after a Wedbush Morgan analyst downgraded the company to "Sell" and said weakness in advertising spending and exposure will lead to further drops in customer acquisitions and, eventually, sales. The Salt Lake City-based company's stock fell 92 cents, or 4.8 percent, to $18.06 in morning trading on the Nasdaq. Shares have ranged from $16.03 to $43.40 in the past 52 weeks. "Conversations with other e-commerce companies and media buyers lead us to believe that Overstock.com's decreased advertising budget, combined with increased TV advertising demand arising from political campaigns, means the company may be getting less favorable placement and clearance on its TV advertising than it did in the third quarter of 2005," wrote Wedbush Morgan analyst William Lennan in a note to investors. The analyst lowered his rating from "Hold" and dropped his target share price to $14 from $20. Lennan wrote that an ad spending slowdown will result in a 7 percent drop in new customer acquisitions in the third quarter -- an area in which the company's numbers were already flagging. "At some point, the slowdown in new customer additions will hit reorders, as today's new customer becomes tomorrow's reorder customer," Lennan wrote. For 2006, Lennan cut his estimates to a loss of $2.78 per share on revenue of $876 million, from a loss of $2.56 per share on revenue of $908 million. But, he said, those numbers "reflect repeat order estimates that may prove to be aggressive," and could go even lower.

To: Patchie who wrote (95726)	10/3/2006 10:40:36 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 122087

Take a close look at regulation SHO and the companies listed. How about you take a look at the companies that have blamed their declines on naked shorting? With the glaring exception of Overstock, all the wishful poster children have been vacuous pennies (as Asturias pointed out, Overstock's pps decline has other perfectly explainable reasons). Pegasus Wireless is yet another penny stock no matter how you try to dress them up. Why do you think that is? - Jeff

To: Patchie who wrote (95726)	10/3/2006 2:34:11 PM
From: NightOwl	Respond to of 122087

Well Mr. Patchie, Ordinarily I give you the highest marks for accuracy... But I have to call you on this spurious advice: "*But don't worry, the market won't kill you the way it is killing these companies and the families who rely on these companies for income." Shame on you Patchie. This is nearly identical to the woefully inaccurate information they kept feeding Louis* right up until the day Robespierre sold him short. <g> Then too... Louis was born an idiot and could never have handled the truth. Not that it would have mattered with his position. The only "winners" in that market were long the Skillful Dictator... and most of them bought the farm too before he was through. But on the bright side! ...After a couple of centuries. ...A few Semi-Skilled Dictators. ...And a lot more naked short scams. ...The survivors all got together and came up with the *Common Market! <vbg> But I digress... The point being simply that Jeff's gold may be timeless, but all that weight will just stretch his neck and increase the target area; and if in fact he is an "idiot," odds are he'll lose both no matter what you might tell him. Unless of course... he manages to escape to Paraguay... or some Lesser Dictatorship*... and learns to raise rabbits... or possibly chickens. But with the Bird Flu thing going around I'd bet on the rabbits. <Hoo><ugh><Hoo> 0\|0