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There have been many posts about Overstock (OSTK) here on Slope – you can see the old ones here – but I wanted to add another one to the pile.

The head and shoulders pattern on the company is fantastic. Indeed, by traditional measured moves, the target price for OSTK is a negative number. So let’s just assume that, as battered as it already is (more than half the value destroyed already), it still has a ways to go.

OSTK (more…)