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Overstock.com Reports Profitable Quarter


Parsad
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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

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