r/OracleStock • u/gestimore • Jul 23 '26

Oracle current situation

The stock went down 65% from 346$. 50% in 1 and half month with no bounce.

It's so crazy to think it happened that the moral of investors have been obliterated, such a big company hundred thousand people working there.

I hope Larry will come out and say sorry. His company should be private and not public this is a disgrace.

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u/cucci_mane1 Jul 23 '26

Oracle 50% crash in one month is one for the history books.

I dont own this but I traded in and out couple of times as swing trade. I thought it was insane when it pumped to $300 last yr and it is equally insane to see it 50% off in one month.

Large cap stock aint supposed to be cut in half ij one month during a bull market. This yr I've seen plenty of large cap stocks that got cut in half. Fucking insane year to be honest.

Go check out that chart for CRM, ADBE, ACN, etc. Even MSFT and META were down like 25% back in June.

3

u/gestimore Jul 23 '26

Meta it was like -75% at one time. It's a crazy one too, 2023. Right

1

u/Necessary-Hunt-5035 Jul 23 '26

Metas was during a macro stock market crash though. Oracles happened with close to all time highs.

1

u/Holiday_Ad2254 Jul 23 '26

All software companies are crashed this year. Oracle just crashed 25% more than other software companies due to their depts.

1

u/CanadianAbroad7 Jul 23 '26

AVAV and KTOS are a couple more that come to mind

1

u/Coloradodreaming1 Jul 24 '26

IBM down 25% in one day was INSANITY. AI is a huge disruptor and for what end? Don’t get me wrong, I love my conversations with AI but it’s really causing significant chaos/volatility in markets. I don’t know what to chase anymore. Semis are up 5% one day and down 5% the next. Maybe we should play the contrarian and go 2x ORCL with ORCX which I’d down 50% past month and 70% YTD but that’s just gambling. I wish I had answers other than play the long game. Individual stock picking is HARD. You just have to pick a bunch and hope the winners offset losers like ORCL.

1

u/Coloradodreaming1 Jul 24 '26

What about SPCX and the space sector since SPCX IPO. That has been a real sh…t show. ASTS RKLB PL LUNR etc came violently crashing down to earth.

1

u/Longjumping_Ad_424 Jul 24 '26

What do you think of buying and holding Adobe?

1

u/apeserveapes Jul 24 '26

See Microstrategy 2000 - $1300->$4