$Oracle(ORCL)$ Quarterly revenue across all the business lines is at remarkable levels and doesn't seem to be slowing. I think they'll start using those profits to pay down debt. This should be back above $200 before year end.
$Oracle(ORCL)$ Stephen H. Rusckowski, a member of Oracle's Board of Directors, bought 25,000 shares at an average price of $139.35 per share. Total investment comes to $3,483,800. There's no way he doesn't know this will be much higher in the near future. No way.
Cathie Wood and Ark Invest have laid out their base case $Tesla Motors(TSLA)$ price target at $4,400 by 2031. That would put the market cap above $17 trillion.
$Oracle(ORCL)$ A lot of people here seem to be betting that ORCL will drop, judging by their posts and reactions. That could actually work in favor of pushing ORCL higher faster.
$Oracle(ORCL)$ I'm fully confident Oracle won't collapse. The company has made it through every major crisis over the past 25 years. I could see it reaching 200+ in 2027 and hitting an all-time high in 2028.
$Oracle(ORCL)$ Not going to sugar coat this. Trading ORCL has been very ugly, but somehow I've managed to profit on every trade so far. Looking at that pink trading range, I've been gradually accumulating as it approaches the bottom, and selling as it approaches the top. That setup has worked over the past 2 months. Once we get into the 2-4 week window before the next ER on Dec 9, I'd rather hold and sell ahead of the announcement. In the past few quarters, ORCL rallied just before the ER and then dropped afterwards. $Defiance Daily Target 2X Long ORCL ETF(ORCX)$ $Direxion Daily ORCL Bull 2X ETF(ORCU)$