The stock has never been higher.
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WB knows a piece of sh-- when he see it and has seen lots of stock crash when the market finally figures out that it’s a piece of sh-- - look at what happened to GE a few months back - crashed overnight. Sh-- stocks like oracle don’t decline slowly, they crash when enough people finally see them for what they are: pure sh--.
Basic math:
Decrease available stock by doing a buyback. Market cap is decreasing or constant . What will change - the stock price. There hasn't been any real growth in Oracle stock since 2014 end.
The titanic was at an all time high right before it hit the iceberg. can't wait to see the stock take a nose dive with no recovery ever.
What a marvelous Ponzi scheme: board members LE, SC and MH authorize the use of oracle cash to purchase shares/ prop up the share price, MH and SC sell their oracle shares as fast as they can at these inflated prices and LE avoids margin calls (at least for the time being). Tell me this isn’t stock manipulation at its best.
Poor Warren Buffet ....He ran away from his investments in ORCL , selling all of his $2.1 billion of awesome ORCL stocks within a few months of buying, citing that ,he can't understand with where the Oracle's cloud business is going......Warren does no have business sense.
Desperate LE using oracle cash to pump up oracle stock like the thinly traded penny stock that it is - desperate to keep up the price to avoid margin calls on his borrowing / oracle stock collateral that would wipe him out. You’re on the wrong side of history and you’re gonna get wiped out LE - enjoy!
Yeah, how many of those shares did oracle buy to push up the price? Just a little ma ululating here an there to prop up the share price
Hallowed out shell, yeah, :(
Low volume. Makes one wonder. There go more of those billions authorized?
The higher they rise the harder they fall -oracle has no future, it will be $5 per share soon enough and all the fools who bought it while HM and LE and TK were selling will lose their Shirts. Take note: the smart money that knows something about oracle’s business because they run it ( and are running it into the ground) is selling as much as it can. Why are you dummies buying it ???
Now you've jinxed it and it will plummet tomorrow.