Investors who believe that Overstock.com is a lousy company shorted their stock, just as investors short the stock of every single company in the world every day.
Byrne didn't like people shorting the company's stock, so he sued them.
He is a paranoid megalomaniac, so he believes that he is incredibly powerful and incredibly hated - when in reality he has zero pull and is considered a joke.
"He is a paranoid megalomaniac"
Now I recognize it, the subject shows up here occasionally.