Today, short-selling hedge fund Rocker Partners paid
Overstock.com $5-million to settle the lawsuit filed against them
in August of 2005. Rocker Partners also entirely dropped its own
countersuit.
Overstock.com (NASDAQ:OSTK) CEO Patrick Byrne is a frequent
contributor to DeepCapture.com.
This is a major victory, not only for Patrick and Overstock.com,
but for all public companies targeted by bear raiding hedge
funds.
But thanks to the unusually skewed reporting surrounding it,
chances are you either hadn’t heard about the suit, or were
under the impression it was frivolous and certain to fail.
This presentation explains part of the story behind the coverage
of the suit, using some innovative methods to explain why what
you heard about the suit and its merits likely had little in common
with the reality of it.
Link
As promised in the video, researchers are encouraged to find
additional links within the Facebook friend lists of the
short-selling hedge funds and journalists and bloggers who love
them.
Judd Bagley is a writer
for Deep
Capture.