Overstock shares fade as CEO warns of 'drugs or dead body' caper
Overstock.com CEO Patrick Byrne continues to break new ground as the head of a publicly traded company. In a single TV interview last week, he shocked investors by revealing that holiday sales were far below expectations, perplexed the financial crowd by talking about drugs and dead bodies being found in his trunk and initiated a verbal war with billionaire blogger Mark Cuban. This latest round of gaffes adds to a tradition for Byrne that includes admitting that he lied about being gay and a coke-head to financial analysts and initiating a program to uncover a "Sith Lord" seeking to ruin Overstock.
29 Dec 00:07 |