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The site is pretty big. Been around for a while. I just watched a documentary from many years back about stocks and they talk about overstock.com being a victim
by deadfall 13y ago
The site is pretty big. Been around for a while. I just watched a documentary from many years back about stocks and they talk about overstock.com being a victim of naked short selling.
http://en.wikipedia.org/wiki/Overstock.com http://en.wikipedia.org/wiki/Overstock.com
- eli 13y agoIs there any evidence that the naked short selling was a real thing beyond the insistence of the CEO?
- deadfall 13y agoI didn't look into it further. A lot of counter suing going on.
- ddebernardy 13y agoPop over to deepcapture.com and see for yourself. (It's maintained by Overstock's CEO as a side project, but it seems to me that the endless stream of scathing accusations would have brought swaths of libel suits if the stuff had no basis in reality -- enough for them to defend themselves against a court shutting them down anyway.)
- eli 13y ago"Hasn't been sued for libel yet" isn't quite the quality of evidence I was looking for.
- ddebernardy 13y agoThink of it as a proxy… Follow the links and the references on that site, and see for yourself. The site has tons of them.