Thread regarding Oracle Corp. layoffs

TK sold all his shares...4/23,4/27,4/30,5/2,5/4... $100+ million..

and they said.."unspecified leave of absence?'...liars...

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https://www.marketbeat.com/stocks/NYSE/ORCL/insider-trades/

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Post ID: @OP+VcJT7h1

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Also, insider Thomas Kurian sold 979,402 shares of the company’s stock in a transaction on Friday, May 4th. The stock was sold at an average price of $45.40, for a total value of $44,464,850.80. Following the sale, the insider now owns 114,871 shares of the company’s stock, valued at $5,215,143.40.

He knew in May that there was no recovery coming.

http://stuartjournal.com/2018/09/06/piper-jaffray-companies-comments-on-oracle-co-s-q1-2019-earnings-orcl/

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Post ID: @2jpy+VcJT7h1

Apparently he sold 90% of shares on 5/5.

http://stuartjournal.com/2018/09/06/piper-jaffray-companies-comments-on-oracle-co-s-q1-2019-earnings-orcl/

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Post ID: @1dee+VcJT7h1

LOVE THIS: Tactical retreat. Deleveraging. Hedging. And finally, bolting for good.

SO RIGHT.

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Post ID: @1ent+VcJT7h1

TK has been selling as much oracle stock as he possibly could for years

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Post ID: @1qgf+VcJT7h1

TK sold all his Oracle stocks and bought AMZN. :D

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Post ID: @1ekx+VcJT7h1

Tactical retreat. Deleveraging. Hedging. And finally, bolting for good.

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Post ID: @gis+VcJT7h1

He didn’t sell all his shares. What he sold was a small fraction of his holdings. Read the proxy statement. In fact he recently purchased more via dividend reinvestment

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Post ID: @ikq+VcJT7h1

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