Overstock looks to the toilet for revenue growth

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Given the weakness of consumer spending, a lot of investors are worried that Overstock.com (NASDAQ: OSTK) may not come through with the profitable year the CEO Patrick Byrne has gone on the record as predicting.

Indeed this necklace, pointed out by a poster on a Yahoo! message board, may be a bad omen:

Sterling Silver Moveable Toilet Necklace
  • Enhance your style with this sterling silver necklace
  • Pendant features a fun and edgy toilet design with a lid that opens and closes
  • Jewelry includes a princess-length chain

If you want it -- and I'm sure you do -- you can buy one at Overstock. It's only $16.99.

It looks like this toilet bowl of a company could be releasing some pretty crappy numbers.

Symbol Lookup
IndexesChangePrice
DJIA+150.1710,058.56
NASDAQ+24.822,150.87
S&P 500+13.771,070.51

Last updated: February 09, 2010: 04:09 PM

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