1/ Overstock ($OSTK) will have their 3Q19 earnings call tomorrow morning at 8:30 AM ET Here are my quick thoughts on things to look out for on the call and filings:
-
-
5/ Losses from both the retail & blockchain biz’s have been eating through its cash Through more conservative marketing spend and increased operating efficiencies, mgmt had previously anticipated that the retail would soon be able to generate a positive CF
Prikaži ovu nit -
6/ They even noted that it would be enough to cover losses from Medici by 2020 on an investor call from August. Former CFO, Greg Iverson, had called it an “aspirational goal” at the time.
Prikaži ovu nit -
7/ It will be interesting to hear mgmt’s new cash projections given disappointing results from the online retail industry coupled with a slow start to tZERO The 2Q19 10Q had noted that the cash on hand + expected CF's from future operations would be sufficient to last 12+ months
Prikaži ovu nit -
8/ The long list of lawsuits and a pending SEC investigation will also be notable headwinds JJ had previously said that the SEC investigation was ‘dormant.’ Ex-CEO, Byrne, recently described this as a mistake in a recent blog post. https://www.deepcapture.com/2019/11/reflections-on-overstock/ …pic.twitter.com/g0PdTc4Ixv
Prikaži ovu nit
Kraj razgovora
Novi razgovor -
Čini se da učitavanje traje već neko vrijeme.
Twitter je možda preopterećen ili ima kratkotrajnih poteškoća u radu. Pokušajte ponovno ili potražite dodatne informacije u odjeljku Status Twittera.