Washington Post in an article about share buybacks and how executives profit from them, called out S.C. as the biggest seller of stock while the company was buying back stock and she was proclaiming oracle stock to be a great buy
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Or...she's got an outsized proportion of wealth in ORCL and her financial advisor is handling it for her. I sell some of my RSUs when they vest because I can't have 10%+ of my portfolio is the one stock of the company I also work for. Whether the C-level folks should be getting all this stock is another question but at least it's tied to performance through stock price appreciation. They're earnings are tied to the success of the company.
She knows what's coming. Follow her lead, sell while the price is still propped up.
When I got RIFd on 9/1/2017, I also liquidated my O holdings. Made a tidy sum and now it's safe from the 3 stooges -1. No regrets, about being RIFd or divesting.
After the share buybacks to prop up the stock, now is the time for Oracle to sell. Could be LE is shopping around for a buyer. That would interesting, wouldn't it, for the Oracle employees to find themselves on the other side of the deal and have someone looking each of them over deciding if they are worth keeping.
Reprehensible
All of the stooges are parasites that are just working O to milk an absurd ammount of profit for thenselves f—ing up the workers and the shareholders alike.