Thread regarding Oracle Corp. layoffs

Sell or Hold onto RSUs?

I was one of the lucky ones laid off last year. Got RSUs at the mid-80s and still holding onto them. I am unsure as to whether I should sell now that it's at 94-ish. Amazingly the stock is up 25%+ in the past year.

Bullish Reasons to Hold:

  • LJE and SC care about shareholder value.
  • Stock buybacks. Lots of stock buybacks.
  • Maybe Oracle still has a chance in the cloud.
  • The product sells itself. OK, not really, lol. The product sells because of vendor lock-in, which means that in the near term the stock will retain value.

Bearish Reasons to Sell:

  • LJE and SC don't care about employees.
  • The company is lost after losing on the cloud.
  • The Cerner buy is not working out, especially with the VA.
  • The product stinks. Vendor lock-in is the only reason Oracle is profitable.

What do you think? And yes, I realize this is not actual financial advice, but I'm asking anyway.

by Anonymous
| 3062 views | | 12 replies (last June 20, 2023) | Reply
Post ID: @OP+1msXjACF
Comment! It's anonymous!

12 replies (most recent on top)

Closed at $125 on Friday. A good time to have some RSU's vesting.

by Anonymous
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Post ID: @Lrmg+1msXjACF

Closed just shy of $110 today

So much for those predictions here a few years ago that ORCL was going to collapse to single digits.

by Anonymous
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Post ID: @Acec+1msXjACF

It's back to $103

by Anonymous
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Post ID: @lixg+1msXjACF

It’s at 98 now per share. Will it keep going up?

by Anonymous
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Post ID: @lwqa+1msXjACF

Sell and be happy.

by Anonymous
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Post ID: @kcte+1msXjACF

I would sell it all. What is in the pipeline that makes you believe it will continue an upward trajectory? If you like the stock, you can always buy it again as a retail investor when it falls. Unless you got some amazing award - like over 100k shares - it doesn't matter much. Like someone stated, sell and take the family on a few trips. That is what I would do.

by Anonymous
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Post ID: @bycd+1msXjACF

Will you feel bad if it falls back to the mid-80's while you're still holding?

Or will you feel worse if you cash out now and it climbs a lot higher?

Personally I would cash out half of it if that is a possibility. Lock in some gains, with the hope of a more exciting gain for the rest.

by Anonymous
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Post ID: @1lbv+1msXjACF

I sell some from time time and spend the money making my wife and kids happy, that's the best diversification I can think of, life is short.

by Anonymous
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Post ID: @zyt+1msXjACF

I moved some in 2020 to amazon and (day of ipo) coinbase. I should have left it where it was. They both tanked. I have no faith in my own judgement anymore.

by Anonymous
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Post ID: @zlk+1msXjACF

@ulb+1msXjACF oh never mind. I misread "at the mid 80s" as "in the mid 80s". Still, I'd sell and diversify though holding for a year may be beneficial. All depends on "how lucky you feel". The stock could also crash and burn. No telling what congress will do with the debt ceiling.

by Anonymous
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Post ID: @amg+1msXjACF

@ulb+1msXjACF he said RSUs, so he already owns the stock. And he's owned it since 1980s so there will be no further tax benefits to holding it longer.

I'd say sell and diversify. Holding any stock long term is a su---r's bet.

by Anonymous
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Post ID: @key+1msXjACF

Don’t sell. It has potential to go to 130$.
Hold for more than an year and pay less taxes

by Tom
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Post ID: @ulb+1msXjACF

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