Oracle (ORCL) has shed nearly 60% of its shareholder value since last September, yet the bottom may not be in. Bearish technicals suggest significantly lower prices are coming for the enterprise software giant.
It seems that Larry Ellison’s decision to spend his autumn years banging women one-quarter his age isn’t such a great business strategy. I daresay vastly lower prices are on the way, even though nearly 60% of shareholder value has already been destroyed since, fittingly, September 11th of last year.
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