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.
No kidding. Was just getting ready liquidate my position (done nothing for 2 years!) at a slight profit if it got to 36. Now these two useless analyst downgrades this morning...
maybe he could arrange a buyout if he doesn't care about the price or the shareholders. honestly this thing does nothing but go down.