https://www.chaffeybreeze.com/2017/05/21/oracle-co-orcl-ceo-safra-catz-sells-103520-shares-updated-updated.html
10 replies (most recent on top)
Pretty clear statement that neither SC not MH think they are creating value at oracle, after all if they did stock would go up and they would want to hold on to it
Which still raises a question: if oracle's future is so bright why do they automatically sell share each and every quarter, rather than to hold on to them and see them appreciate. Answer: they obviously do not believe that oracle has a bright future and oracle shares will go up. Obvioisty my dear Watson
True that. The sell off does not necessarily mean anything.
SELL, SELL, SELL!!!!!!
Sorry, correction on URL for Safra Catz's trades:
http://www.nasdaq.com/quotes/insiders/catz-safra-417635
Safra knows:
http://www.nasdaq.com/quotes/insiders/hurd-mark-v-423455
Mark Hurd knows:
http://www.nasdaq.com/quotes/insiders/hurd-mark-v-423455
doesn't exactly inspire confidence does it? But is Larry clueless? Or just so rich he doesn't care?
http://www.nasdaq.com/quotes/insiders/ellison-lawrence-joseph-14095
Sell High.
If anyone is in a position to know that oracle has reached the height of its stock valuation she is: SC.
She'sselling because she thinks/knows that this is the "high" otherwise she'd keep it . It's as high as it's going to get ... in other words the cloud business is not coming in where they want it to be and the at&t deal stick spike has happened... now they have to deliver on the contract. Sell now at the peak.
Hunker down.
Do people sell stock when they believe it will appreciate or decline? Is there anybody who is in a better position to judge where oracle's revenues and profits are going than the former CFO, now co-CEO? Makes you wonder doesn't it?
She so knows that the oracle cloud revenue numbers are total garbage
That tells you all you need to know about what she things of oracle's future