Question
link
for what it is worth.
paul
Answer
O is being discussed on an eBay stock discussion board that I read.
The following comments were posted. I have not verified them in any way but I thought they were interesting.
"Investors are punishing OSTK because they're planning to pass more savings on to the customers , instead of having shareholders' greedy interest at heart.
Patrick Byrne, CEO of Overstock, has a Buffett-esque mentality, in that he was a former CEO of a Berkshire Hathaway subsidiary, and adheres to Buffett's tried and true beliefs. Buffett never split Berkshire, so I'm taking it that Overstock will never have a stock split. Bryne also has a money management firm that manages $100 million dollars, so that's why you see he doesn't take an Overstock salary.
Patrick Byrne's dad is also successful, having been former CEO of White Mountains Insurance Group, which has never split its stock. The price for WTM is $500 somethin' a share. Berkshire Hathaway is a beneficial owner of White Mountains insurance group.
Good luck everyone."