Friday, May 25, 2007

Quote of the Week

Seth Jayson of the Motley Fool writing today about Patrick Byrne, CEO of overstock.com:
"This week's news is just another confirmation that his directors are beginning to believe, as I have long suggested, that Byrne is nuttier than my Aunt Betty's fudge-ums."
Byrne is well know for his conspiracy theories including naked-shorts trying to destroy his company and widespread payoffs to financial journalists to criticize his company. My Byrne needs to come to terms with the reality that he's running a crappy business and needs to focus on fundamentals rather than finger pointing. Indeed, nuttier than a pile of squirrel poop.