Oracle's peak at $60 was short-lived. Kudos to the guy that cashed in at $60.
With money running out for buybacks this year, the stock price will probably never be that high again.
5 replies (most recent on top)
MAF?
Cashed out at $60.22 :)
You did the right thing. Way to go!
Cashed out at $60.22 :)
All tech companies are pretty in the same boat as Oracle with inflated valuations unless you are MAF–.
Cashed out all of my remaining options at $60 even though there was all this talk about ORCL being a momentum stock at that time.
So glad that I did. It was just too obvious from the inside that the street was being overly-optimistic. There's nothing going on here that justified a higher valuation.