Down 2% today. Hit the $45 range at one point.
Before you say it's just the general trend:
HP and HPE up 3 and 6%
AMZN up couple points
MSFT up .6%
Intel up
IBM up
7 replies (most recent on top)
Closed at $46. That's the lowest it's been for quite a while.
Whenever I have a need to record a capital loss, I will do exactly that.
Unloaded big beefer at the Bell today.
I just bought $50K of ORCL stock today! I recommend you do the same.
Stupid is as stupid does. Then again, they have no choice, when the stock craters, LE loses his oracle stock that he has borrowed billions against because he won’t be able to meet the collateral calls. Ces’t la vie LE! Say your goodbyes to oracle, you won’t be the Chairman once the banks sell the stock.
All that money Safra “investing” in stock buybacks doesn’t look so smart now.
Oracle repeating the mistakes IBM made in spending billions on stock buybacks to boost EPS while competitors are building a real cloud and investing in their own data centers.
Can't wait for those Q2 results.
Keep looking for a way out.