Oracle CDS rising; fundamentals improved vs last year; stock forming bottom near $139.
Jump to any passage
what about Oracle's credit default swaps? Oracle's credit default swaps keep going up.
So yes, this does not necessarily mean that Oracle will reach zero. Yes, Oracle's credit default swaps are on the rise. I know that. But there is a reason for that.
In fact, we looked at the basics of Oracle the other day. I must say it's not as bad as it was last year. I actually think it is in the process of forming a bottom around this 139 line.
This is roughly the level you are at right now. I really think it's in the bottom-forming stage.
We did a deep fundamental analysis of this in the live stream for course members, and the price-to-earnings-to-growth (PEG) ratio they currently have on their balance sheet, man, you should take a look at it.
What this channel has said about $ORCL
Meet Kevin has 8 calls on this stock; only the adjacent ones are shown.