been giving this a look over past month, but no position yet. one thing that sticks out is how this co. is going to buy forest labs. they look to have very little cash, and a good bit of debt, plus negative eps. - read about the forest lab shareholders getting ACT stock and ACT using bridge loans, but wow...now the stories are coming across that they might be looking for more acquisitions?
I have been holding this for a couple of years, and been somewhat disappointed. Staples seem to be out of favor. Every time it seems to gather steam, they have a problem with activists picking at their claims on the box, or analysts giving downgrades, some macro story about health - or even more redic, consumers not having time to eat cereal. But alas, I have probably been not seeing this what it is a consistent income generating investment.. I would have probably picked up some HAIN in hindsight.
one thing they need to do remodel the store to increase the aisle size - way too cramped navigating around other customers.
Boards are basically useless.
However, I used this opportunity and sold my shares at a slight loss - NOW the stock can go up because i am out.
I like ORCL but the market is treating it like a dino . Argghh. tech companies.
You know also that Oracle has one of the best, if not THE best, security for data/database servers, and owners will want there data secured in the cloud. Matters not in the short term. Down again today on more blind bot follow thru.
These two throwaway analyst downgrades were bogus. We know that this massive database beast is going to eat these little cloud providers lunch soon enough.