Overstock, OSTK, is the bastard child of Amazon and if anyone has been noticing it has been tailing Amazon's performance recently.
I was going to recommend it yesterday but was disturbed at the bad performance but it is outperforming today so I would say, technically, the bottom is in on this one. It caught my attention when it was up, I believe, a buck on Friday while the market was pounded, but wanted one more day of confirmation which may be today.
Overstock on these cheap shares. Has great management and now just needs to show a profit to really get going from here, but if it does show a profit, it probably won't be this cheap either.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment