A little over one year ago, NIA wrote an article entitled, 'Overstock Made Dumbest Move in E-Commerce History'. Click here to read it!
Unfortunately, Overstock may be bankrupt soon just like the bankrupt retailer it decided to rename itself after Bed Bath & Beyond or now just "Beyond".
Beyond (BYON) declined by 29.73% today after their disaster name change caused orders to decline by 19%! BYON lost -$61 million last quarter and has lost -$178 million in 2024 year-to-date!
We would like to see Patrick Byrne come back to save it! He is a true American patriot who supports election integrity but was forced out of Overstock, the company he founded and led as CEO for decades, ironically by its insurers (his father sold Geico to Patrick's mentor, Warren Buffett).
From everything Patrick taught NIA's President about naked short selling, we were able to spot signs of a potential short squeeze in Power Nickel (TSXV: PNPN) earlier this year, and today it closed at $0.82 per share for a gain of 264.44% from NIA's suggestion price!
We highly recommend watching this related video 'The Cult of the Dead Stock':
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA previously received compensation from PNPN of US$50,000 cash for a six-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
