Thread regarding Oracle Corp. layoffs

Is this a good time to buy ORCL?

It's the north side of 60$ so I'm wondering if I should use my severance to buy ORCL?

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Post ID: @OP+17xrb5RZ

10 replies (most recent on top)

In general, people over age 60 should not be buying ANY individual stocks.

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Post ID: @8dwl+17xrb5RZ

Yes. Great idea. I think you should take out a home equity loan to buy more.

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Post ID: @1rzb+17xrb5RZ

Don't throw good money (your severance) after bad (Oracle stock). Invest in a balanced mutual fund, S&P 500 index fund, age-based fund or something similar depending upon your circumstances.

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Post ID: @1shs+17xrb5RZ

Use your severance to buy the ARK etfs. Check it in 10 years and you'll have a 1000 bagger and by then enough money to buy Oracle the company and layoff the people that laid you off(if they are still around).

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Post ID: @1qek+17xrb5RZ

Ha. Ha. Ha.

Good one! Use your Severance to buy stock in the company that let you go?
That is kinda like saying they made a good decision to let you go.

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Post ID: @1bzz+17xrb5RZ

If you are Microsoft, it would be a good time to buy Oracle.

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Post ID: @uui+17xrb5RZ

It makes perfect sense as long as you plan to short it.

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Post ID: @lpv+17xrb5RZ

Look like you love Oracle more than they love you. Oracle stock almost the worst one on nasdaq. I will look for some other stock that have better grow potential

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Post ID: @bik+17xrb5RZ

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