Parsad Posted July 23, 2009 Posted July 23, 2009 While the size of the profit is just a baby-step, Overstock is finally moving in the right direction by reducing overhead and increasing gross margins. They also bought back about $7.2M of their debt at discounted prices this year. Shorts can kiss my derriere! ;D Cheers! http://finance.yahoo.com/news/Overstockcom-Reports-Q2-2009-prnews-2559904460.html?x=0&.v=1
Parsad Posted July 23, 2009 Author Posted July 23, 2009 In the webcast, Patrick takes some funny shots at Sam Antar who sent in some questions. One of the more detailed webcasts on OSTK's operations. Things are moving in the right direction. Cheers! http://seekingalpha.com/article/150637-overstock-com-inc-q2-2009-earnings-call-transcript?source=yahoo&page=1
Parsad Posted July 31, 2011 Author Posted July 31, 2011 Other than customer service, it was not a good quarter at all! You could hear it in Patrick's voice during the webcast...not pleased. Better now than in the 3rd and 4th Q. Cheers!
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