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Enter Symbol:, Inc. (OSTK) [hlAlert]

down 20.73 %, Inc. (OSTK) downgraded to Hold by Standpoint Research

Posted on: Wednesday,  Oct 31, 2012  11:25 AM ET by Standpoint Research

Standpoint Research rated Hold, Inc. (NASDAQ: OSTK) on 10/31/2012. Previously Standpoint Research rated Buy, Inc. (NASDAQ: OSTK) on 04/08/2010.,
when the stock price was $19.82. Since then,, Inc. has lost 20.74% as of 10/31/2012's recent price of $15.71.
If you would have followed the previous Standpoint Research's recommendation on OSTK, you would have lost 20.73% of your investment in 937 days., Inc. is an online `closeout` retailer offering discount, brand-name merchandise for sale over the Internet. Their merchandise offerings include bed-and-bath goods, kitchenware, watches, jewelry, electronics, sporting goods and designer accessories.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2012 11:25 AM Hold
as of 12/31/2012
1 Week   
1 Month   
3 Months up  51.64 %
1 YTD up  100.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2010 4:25 PM Buy
19.82 28.00

(*) Stock Price at the time of the recommendation.
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