Oracle's stock has reached a plateau with 89's. There were some gimmicks during the last earnings call to boost the stock price. But it didn't last long. With the new Cerner acquisition, Oracle stock might fall to its pitfall from 89-> 87->82 or 77.
Expecting Layoff's and Adjustments. Get ready soon,
5 replies (most recent on top)
ORCL to ZERO!
The bigger one is, the harder they fall...
I think the market follows Lellison's age.
That's like 104, right?
That Huh-why-yuh sun does that.
heard someone saying last week that oracle might reach 150 to laugh at. Markets don’t work like that for a sudden jump.
This was the first biggest spike I noticed with ORCL for past 10+ years. The last one was with stock buy backs in 2017,2018 timeframe. But the spike got down due to acquisitions. Cerner executives got good boost with purchase at 95. Oracle employees to lose their numbers. https://www.cerner.com/newsroom/oracle-buys-cerner
If 87.5 is reached then 77.5 is imminent. 70-80s are the expected balance for Orcl. Seeing a strong downward trend towards these numbers. 65 will be a big fall for ORCL for sure.
65 by July 1st.