Overstock.com is Going to Clean-Up on Cyber Monday (OSTK)

Overstock.com (NASDAQ:OSTK) has its Cyber Monday page (click to open) up and ready for the masses.  The best part, free shipping on 'your entire order' and that is an early Christmas in-itself for cash strapped consumers this year.

Here's the details on Overstock.com's Free Shipping Offer:
Free Shipping offer applies to U.S. orders with standard shipping only. For expedited shipping, additional charges apply. This offer applies to the lower 48 states and APO/FPO destinations only. This offer excludes Alaska, Hawaii, and International orders. This offer excludes orders comprised solely of products from the "Books, Music, Movies & Games" and "Auctions" categories. Offer ends December 26, 2009 @ 1:59 AM EST.

Once this news of free shipping starts making noise at the water cooler tomorrow you can bet its going to drive massive web traffic and potentially get Overstock.com some first time shoppers. Overstock.com shares finished Friday at $14.67 and have come down around 12% since hitting the high $17 range in October.

This is a huge offer by Overstock.com and not just for Cyber Monday but for the holiday shopping season until Christmas.  Expect the analysts to at least comment and speculate on the sales potential of 'free shipping', but just imagine the cost to the company.

Review WallStNation.com's "The Best 2009 Cyber Monday Deals" which include the retailers with the best deals.

Again, here is the link to Overstock.com's Cyber Monday page (click to open)

Overstock's short interest has come down since the 40% range back in 2007, here are a few stats on OSTK shares.