Overstock.com shares fall ~36% over three days, after its CEO Patrick Byrne said he was part of “Deep State” federal investigations related to the 2016 election
Jeran Wittenstein / Bloomberg :
Related Coverage
- Overstock plunges for a third straight day after CEO comments on ‘Deep State’ CNBC
- Overstock CEO spins an insane Russian-spy drama, with himself as the star MarketWatch
- Overstock shares plummeting after CEO's comments on the ‘deep state’ The Daily Dot
- Overstock.com's stock price tanks after CEO's bizarre, cryptic remarks Fast Company
Discussion
-
@jowens510
Jeremy C. Owens
on x
Anyway, back to tZero - Byrnes at one point promised that Asian investors were going to plow as much as $400 MILLION into $OSTK and tZero. That's down to $5M, and only $2M has made it to Utah. https://www.marketwatch.com/ ... pic.twitter.com/x5MaJ0MoiU
-
@jowens510
Jeremy C. Owens
on x
The FBI stuff comes from recent articles by Sara Carter, a frequent Tucker Carlson guest. Here, Byrnes' lawyer recounts the basics of Byrnes' bonkers story: He bedded convicted Russian agent Betina at the Feds' direction, then vouched for her. https://saraacarter.com/... pic.twi…
-
@jowens510
Jeremy C. Owens
on x
Byrne shouldn't have survived his fight against Wall Street and journos last decade. Amazon couldn't take him down, Wayfair hasn't ended him. I wouldn't imagine that a CEO who says on company letterhead that he seduced a Russian agent for the FBI would survive, but Byrne? pic.twi…
-
@jowens510
Jeremy C. Owens
on x
This might be a good time to mention that Overstock is under SEC investigation, potentially multiple investigations involving comments made by Byrne and the crypto company's whole operation. pic.twitter.com/4s9UX66V3s
-
@jowens510
Jeremy C. Owens
on x
So last night, Byrne puts out an OVERSTOCK PRESS RELEASE hilariously titled http://Overstock.com CEO Comments on Deep State, Withholds Further Comment (BTW, “Omaha Rabbi” = Warren Buffett) pic.twitter.com/uSjUDg21K1
-
@jowens510
Jeremy C. Owens
on x
Guys, the Overstock dot com CEO has gone full-on QAnon. Patrick Byrne claims he collected evidence in ‘political espionage’ investigations involving Hillary Clinton and Donald Trump, by having an FBI-assisted affair with Maria Butina. https://www.marketwatch.com/ ...