CNBC didn't want to hear this . CNBC only wanted him to disclose his short holdings like SCTY Solar City.
special $10 PER SHARE to holders holding AAPL shares on 8-06 -15 . it was posted on TWTR.
I agree they were trying to change his words that were positive into negative comments.
and many are over age 55. Facebook is the World's new internet. After several years of ignoring FB, I'm on their site every night.
Spruce Point Management, a firm focused on short-selling the stocks of companies in dire straits has found its next target in the form of NCR Corporation (NYSE:NCR). The firm today released a damning, 98-page report on NCR, declaring the company a ‘Strong Sell’ with downside risk of 45% to 70%. The report details a wealth of problems with both the company’s operations and its management, including the strong headwinds it is facing in the financial payment sector as retailers move away from point-of-sale technology and begin embracing mobile payment solutions like Square, Apple Pay, and Google Wallet. Spruce Point also took numerous jabs at the company’s management and its accounting practices, declaring its accounting as aggressive and overstated, and noting that many of NCR Corporation (NYSE:NCR)’s top executives came over from Symbol, which was involved in an accounting fraud scandal in the early 2000′s.
In an earnings statement released late Wednesday, Oracle said it beat its internal expectations on software-as-a-service and platform-as-a-service revenue, pulling in $426 billion in revenue versus its $300 billion forecast.
Goldman Sachs analyst Heather Bellini said Thursday’s selloff may be attributed to a decline in license revenue, down to $3.1 billion from $3.8 billion last year, but that her checks indicate that Oracle’s cloud competitiveness has “improved considerably” over the last year-and-a-half.
Bank of America Merrill Lynch also reiterated a buy rating and its price target of $48, which implies a 12.3% improvement from Thursday’s closing price of $42.74, saying it believes the stock reaction has been “overdone and presents an opportunity.”
They could sell 50 million shares at $1.50 which would be good for the company but, could drop NUGN back to the $1.75-$2.00 level .