Tesla Diamond Holder
TSMBullish on Oracle. It's also a company selling shovels to the AI gold rush. Since you're investing, you have to trust the company's strategic vision. Ordinary people are just worrying for nothing.$Oracle(ORCL.US)
$Defiance Daily Target 2X Long ORCL ETF(ORCX.US)$Oracle(ORCL.US)Last year, I was firmly bullish on Google; this year, I'm firmly bullish on Oracle. Actually, the two situations are quite different. At this time last year, Google was very certain, while Oracle still has some way to go, with greater divergence. So I haven't invested hundreds like I did with Google last year.
I currently don't hold any underlying shares; all my positions are 2x leveraged. I think even if there's some erosion at this level, it's acceptable over 1-2 years. I expect more near-term erosion; a true reversal might only come with the next quarterly earnings report or by year-end. It depends on your own position size.
I'm willing to bet $80,000 on a company that's all in on the future. Even if I lose, I'll just consider it a donation for a great cause.
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