What's going on with Overstock?
From 2.65 -------> 50+ in 3 months! #overstock #investment #retail
Cryptoe
Did you buy?
I wish I had :P
I am wondering the same why did it go up
People buying WFH furniture
same for wayfair cause of ecommerce - amazon has lot of items out of stock - so users will go to next site where item is available
That’s nothing compared to Wayfair. $2B vs $21B market cap and identical furniture e-commerce biz except OSTK is diversified with blockchain. OSTK should be reaching $10B+ soon
OSTK trading at $108 today.
Ostk $4B vs Wayfair $30B. It could triple and still be way below Wayfair and other e-commerce bubble.
Yes true. But do think OSTK can triple?
People probably asked the same thing when Wayfair was at 10B and now it tripled so as long as the e-commerce bubble is expanding sure.
Tc or gtfo
Focus on work instead of wandering on blind or else be ready to get PIPed :D