I was the bagholder who previously posted about betting heavy on Oracle (ORCL) at $300. At that post, someone asked me how I view Oracle now. At the time, I said they’d likely run into trouble next year, but still had some upside left for this year. My thoughts back then was simple: once OpenAI goes public next year, the market will realize OpenAI’s financials can’t sustain their massive payouts to Oracle, then it kinds of short Oracle. As it turns out, Oracle might not even make it to next year
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