Overstock: An Opportunity Begging For an Activist With 10x Upside Potential

Overstock.com: An Opportunity Begging For an Activist With 10x Upside Potential by Jordan S. Terry, Street Stone Advisors I’ve finally uploaded our presentation on Overstock.com (OSTK) to Slideshare, which now includes a summary of what we do here at Stone Street Advisors LLC, how we do it, and how we’ve performed since our founding in 2011. The investment thesis is fairly simple: Disregarded by all except Prem Watsa, OSTK has slowly and quietly grown into a $1.5bn/year business with an installed customer base Operational challenges remain, but are easily identifiable and curable Even after committing to a new, unnecessary HQ construction…