Overstock.com, Inc., (OSTK) continues to be an interesting stock. Back on 11 August 2005, the stock was at about $44. Then it bobbed and weaved falling to about $33. In fact on 15 November 2005, it closed at $32.91. And yet today, the stock has rocketed upwards closing at $41.59. Because of its unpredictability, I am staying on the sidelines—even though I am much more supportive of Jeff Matthews's arguments than I am of Dr. Patrick M. Byrne's.
Sometimes the best trade is the one not taken.
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