The mordant Jeff Matthews is on a roll concering Patrick Byrne and the bizarre Overstock.com story:
Did I stutter? Did I stutter or did I say I was going to take this fight to you? Well now you know what I meant. And lastly, the man I’ve identified here as the Sith Lord of this stuff I just say, you know who you are and I hope that this is worth it, because if the feds catch you again, this time they’re going to bury you under the prison. And I’m going to enjoy helping.
Those are the words of Doctor Patrick M. Byrne, Chairman and CEO of Overstock.com, reprinted straight out of the conference call transcript announcing a lawsuit against short-sellers.
“Squeeze me?” and “Sith Lord” and “Stinger missiles” and all.
For first-time readers, Overstock.com is a money-losing, internet-based enterprise whose stock is currently recommended as a “BUY” by Legg Mason analyst Scott Devitt and W.R. Hambrecht & Co. analyst Craig Bibb.
Nobody can make that up.
On a related note, the full conference call transcript from last Friday’s deliriously nutty Byrne affair is available here.