overstock.com CEO bullish on his business
Posted: Mon Dec 01, 2008 2:50 pm
topical and good news for weegie though i don't know if she's in this forum all that much
- says high end retailers are shuffling off some high end merchandise to his company trumping up his inventory.
- says he's selling 300 WIIs a day (at cost...about $250)
- says he's not too worried about his stock price and/or market movements...in fact, he steers investors AWAY from investing in overstock.com because HE believes his stock is manipulated and is not a true value of the companies value
- says his biggest draw these days are high end merchandise...jimmy choos shoes, prada handbags, and high end clothing.
- says high end retailers are shuffling off some high end merchandise to his company trumping up his inventory.
- says he's selling 300 WIIs a day (at cost...about $250)
- says he's not too worried about his stock price and/or market movements...in fact, he steers investors AWAY from investing in overstock.com because HE believes his stock is manipulated and is not a true value of the companies value
- says his biggest draw these days are high end merchandise...jimmy choos shoes, prada handbags, and high end clothing.