Web Designer, Author, Portfolio Manager, Quantitative, Technical & Qualitative Analyst•
Share:
Someone Bid 2.3 million Shares Right Before Its Earnings Report = Someone Knew Something Ahead of Time
Oracle's Earnings report shows that the market is being fueled by Stock Buybacks and the Central Bankers.
"despite ORCL buying back $2 billion of its stock in Q4, $10 billion in Fiscal 2014, and nearly $21 billion in the past two years, a massive surge compared to the company's pre-Lehman buyback pattern, the company still missed."
That is why I only put 1% max in any holdings for my Clients because the markets are being manipulated to the extreme.
Disclaimer:This and other personal blog posts are not reviewed, monitored or endorsed by
TalkMarkets. The content is solely the view of the author and TalkMarkets is not
responsible for the content of this post in any way. Our curated content which is
handpicked by our editorial team may be viewed here.
Comments
Log in or sign up to join the conversation.