I agree.
I know nothing about this guy. Is this how he is normally or is this completely out of character?
At this point I'm not sure how to process his claims or if he's even credible.
This isn't Byrne's first rodeo. The investor world will remember "Deep Capture", an earlier Byrne adventure into the land where conspiracy theory flourishes.
In the world of Patrick Byrne, CEO of flailing Overstock.com (NYSE:OSTK), his paid stalkers, and his nutty followers, anything and everything is evidence of a massive conspiracy on Wall Street. Involved in this massive conspiracy are “captured” journalists who “take orders” from hedge funds and help manipulate the stockmarket.
Remember the days when Byrne was claiming that his company’s poor stock price was a direct result of naked short selling of the company stock? And when that allegation couldn’t be proven and consistent poor financial results (even poor after the accounting department did a little magic on them each quarter) seemed to be the real reason the company’s stock hasn’t done well…. then the real story became the massive conspiracy on Wall Street.
And this week, “proof” of the conspiracy was presented by paid stalker Judd Bagley. The proof? The fact that people are connected on Facebook. Yes, you read that right. The very fact that people who work for hedge funds and journalists who report on hedge funds and people otherwise involved in hedge funds have connected on Facebook is proof of a massive conspiracy.
It doesn’t seem to matter that these people might have common interests or might connect because they’re involved in related work. It doesn’t matter that some people are quick to accept Facebook connections without much consideration of whether they really want to be connected with other people. It doesn’t matter that “friends” on the internet is something different than friends in real life.
In Overstock.com land, it’s just proof of the conspiracy.
more here:
https://bit.ly/2KQpNcP