So for clarity as there is much misinformation and bad reporting. $ORCL filed its 10Q after the close on Friday. The @FT reported that Larry was selling 7.5BN of shares based on that filing. That was bad reporting as the 10B5-1 plan had already been filed with the SEC in June. Subsequent to that filing and the bad reporting Oracle released to the press (which will likely have a filing with the SEC on Monday) stating the 10B5-1 plan was cancelled No one "should" have sold on the bad reporting and of course couldn't have cuz markets were closed. The bad reporting was making "news" from news that was stale since June. However cancelling the plan IS news. Should someone buy on that news? Probably not cuz it's small and Larry is just manipulating sentiment but feel free to play that game.
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