Marc Cohodes Buys Stock And Vanishes From Overstock CEO's Smear Site [Seeking Alpha]
Overstock.com, Inc. (OSTK)
Last overstock.com, inc. earnings: 11/12 08:00 am
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Source: Seeking Alpha
Marc Cohodes Buys Stock And Vanishes From Overstock CEO's Smear SiteSummaryIn recent months, every disparaging reference to former hedge fund manager Marc Cohodes was removed from Deep Capture, a website that viciously smears the financial press and critics of Overstock.com CEO Patrick Byrne.Cohodes acquired a position in Overstock shares beginning in May 2017, and hyped Overstock at a widely publicized Grant’s conference on Oct. 10, saying the stock was going “way the f*** up.” His praise of the company caused the shares to climb as much as 8.7% on the day he spoke at the conference.By late October 2017, Cohodes’ name was completely excised from the Deep Capture posts that had falsely claimed he improperly colluded with the press. The names of journalists and other Byrne targets were not removed from those posts. A post referring to him favorably was not touched.Coinciding with his vanishing from Deep Capture, Cohodes has lavishly praised Byrne, falsely contended that the smear campa
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