It's all scam. Safra opened her mouth fee months back and misguided investors with fake numbers. But in parallel she sold her personal oracle stocks totalled 2.5 Billions. Yes, billions not millions.. It's just 20% of her total holdings..Although Oracle earnings had missed that quarter.
They played same again this quarter again. Earnings results came below expectations but stock went up by 40-50%, Leader of fraud Mafia became world's richest person but with 24hrs his son put a bid to buy media company in all cash approx. 20Billions as he father LE is going fund him. It's all legal fraud and beware of this scam...
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Copy of Elon's playbook. Project B$ into the future, get the stock price up, unload what you can, rinse, and repeat. I'm surprised it took so long for others to copy. Unfortunately, a lot of new investors will lose their shirts.
Clay is bringing in 100s of billions and will be on the cover of Fortune magazine!
That's why I sold a significant portion of my stocks on that crazy rally 2 days ago. Now will offload more next time they rally it again. It's not just BS and scam, it's on a top of a huge bubble.
Cashing out my RSU's asap.
"Non-GAAP"! ...from the former CFO.