Boycott Overstock!!!

[reACTIONary]

A very apolitical friend of mine called my attention to this article and suggested that We boycott overstock. To encourage her, I told her I would bring up the idea on a political forum. I'm hoping to get a lot of recs in order to encourage her!

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A former Trump administration aide and a leader with a pro-Trump Christian group are helping Patrick Byrne, the multimillionaire Overstock founder and ex-CEO, run a nonprofit that has pushed false election conspiracy claims, according to a filing reviewed by CNBC.

Byrne, who was also longtime CEO of online furniture retailer Overstock, has an estimated net worth of about $75 million, according to data compiled by Celebrity Net Worth. Earlier this year, he self-published a book called “The Deep Rig: How Election Fraud Cost Donald J. Trump the White House

https://www.cnbc.com/2021/12/20/trump-allies-help-overstock-founder-patrick-byrne-push-false-election-claims.html

[taxi]

1. Not to be confused with

the Overstock that is traded on Wall Street closed today at $61.92 with a market cap of almost $3 billion. symbol OSTK

[CurtEastPoint]

2. Sorry? It's the same company, is it not?

[taxi]

4. It doesn't appear to be.

from the OP -
- who was also longtime CEO of online furniture retailer Overstock

which refers to -
- the multimillionaire Overstock founder and ex-CEO (previous paragraph)

It is easy to think they are one in the same, but there is nothing refering to the well known Overstock dot com. There is an online furniture retailer named Overstock that is cited.

Although, it is possible that the conditions allow for both to be true.

[WarGamer]

9. same company. Google it.

[taxi]

10. There sure are quite a few people here doing all the work of this boycott.

It seems like interesting work to find out what I either already have or don't care to know about so I can boycott it.

What are we up to? 6 or 7 yet? I'm skipping the boycott in favor of moving something forward.

[WarGamer]

11. The boycott is illogical.

See my other post. #8

[taxi]

13. + +

[Celerity]

22. +10000000000000000

[Chipper Chat]

28. Didnt they change their name to O Dot Com?

[reACTIONary]

30. I don't think so...

... I can access overstock.com, but o.com doesn't connect.

[reACTIONary]

6. The Byrne in the article is...

... the former ceo of overstock.com

https://en.wikipedia.org/wiki/Patrick_M._Byrne

Due the "." in the link you will have to cut n paste to view it.

[taxi]

7. So it is meant to confuse the online furniture one with the online retailer.

eta - which Overstock are we being asked to boycott?

[reACTIONary]

15. Overstock.com....

... the one that is associated with the former ceo Patrick M. Byrne. It is referred to in the article as "overstock".

[jimfields33]

3. Cool idea but four days before Christmas?

Everything’s been ordered and delivered.

[reACTIONary]

5. It was a big step forward for her...

... I want to encourage her.

[WarGamer]

8. Bad idea.

I won't say DUMB idea... because it's not polite

Patrick Byrne is NOT the CEO of Overstock.Com and sold ALL of his stock in 2019.

So by boycotting OSTK, you'd be hurting the MILLIONS of shareholders including municipalities who pay pensions to retired school teachers, librarians and LEO.

Oh and you'd be hurting the 1613 employees.

Let me ask YOU.

Is it a good idea to boycott OSTK?


https://www.cnbc.com/2019/09/19/former-overstock-ceo-byrne-sold-his-shares-blaming-the-deep-state.html

A filing at the Securities and Exchange Commission on Wednesday showed he gifted 87,000 shares and sold his remaining 4.7 million.

[taxi]

12. +

[reACTIONary]

16. It's not dumb...

... its aspirational. A first step towards greater involvement in the greater good!

As mentioned, it was the idea of a friend who is apolitical and came up with the idea on her own. I'm hoping to encourage her by seeing how many recs I can get. I think its good to encourage folks along those lines.

However, you are right. I will mention those considerations to her. AND I will officially call off the boycott if overstock repudiates and disassociates itself from him.

So give her rec!

[WarGamer]

18. Again. Byrne has NOTHING to do with OSTK

Nothing.

Why not boycott GE because the letter G is the first letter in GOP?

[reACTIONary]

19. I respect your opinion, and...

... thanks for the kick, if not the rec.

[WarGamer]

20. My opinion? Ok. How about the facts?

One more time.

Explain to me WHY boycotting OSTK is a good idea.

Give me your best shot.

It would make more sense (still very little sense) to boycott Palantir or Paypal because of their association with Peter Thiel, former Trump advisor and RNC speaker.

[reACTIONary]

21. Advocating a boycott is a good idea...

.... because it will give my friend encouragement towards becoming more politically active. What would be one small step for some, is one giant leap for her! It is the lighting of a candle, rather than the cursing of the dark!

(And thanks again for the kick!)

[WarGamer]

23. Agreed... political engagement is good.

But there's no reason to boycott OSTK.

None.

Like I said, might as well boycott stock ticker symbol "T" which is AT&T because T reminds you of Trump.

It's silly.

[Celerity]

32. I hate all T's!!!!

Lolol

[WarGamer]

36. I agree, Celeri*y.

[Celerity]

38. Lol, well played

[James48]

25. Good point!

Boycott GE! boycott GE!

[reACTIONary]

31. +100 nt

[Gore1FL]

24. Thanks!

My first reaction when I read "former" was wondering if the target was real or not.

There was a similar issue with a former Publix MAGA heiress earlier this year. She wasn't involved in the company, but Publix was targeted anyway.

[denbot]

14. K&R n/t

[reACTIONary]

17. Thanks! nt

[summer_in_TX]

26. Wikipedia says Byrne announced his affair with

Maria Butina in 2019 and was asked to step down from Overstock, which he did. At first he hung onto stock, but later in the year he divested.

I'd decided on my own to boycott Overstock as soon as I heard about him. But now I see it won't touch him at all.

Maybe some research will turn up something that would affect him. But boycotting Overstock won't.

[reACTIONary]

35. Its not all about him...

... its about providing the public with a way of showing disgust with the ideas he advocates and letting others know that there could be consequences for themselves.

Overstock can take a stand against him. They can publicly repudiate him and disassociate themselves from him and his ideas.

Publix did that when it turned out that the Publix heiress was supporting similar right wing causes.

Every news article about her mentioned Publix. Every news article about him mentions Overstock. Overstock should do what Publix did. A boycott would help that along, and would set an example for others to be warry of.

[yaesu]

27. I haven't bought anything from them in over a decade. nt

[reACTIONary]

34. +100 nt

[Takket]

29. What can Overstock do, in your mind, to rectify this situation?

I'm not sure how they can take a stand against a person that doesn't work for them.

[reACTIONary]

33. They definitely can....

... take a stand against him. They can publicly repudiate him and disassociate themselves from him and his ideas.

Publix did that when it turned out that the Publix heiress was supporting similar right wing causes.

Every news article about her mentioned Publix. Every news article about him mentions Overstock. Overstock should do what Publix did. A boycott would help that along.

[MineralMan]

37. This is just flat silly. The person in question has no current

connection to that company. So, a boycott won't affect him in any way. That has been pointed out in several posts below. So, to continue calling for a boycott to please your "apolitical" friend makes no sense at all.

False associations of a person with a business entity is what one normally calls a "lie."

You should self-delete your post, now that you know the facts.

[reACTIONary]

39. I feel chastened. 😢