I just initiated a massive position in $SCHW
at $48, now second to only $SNOW
in my portfolio after the stock dumped 20% today and 45%+ in the last week. Easy buy after the CFO came out today to say that the “business continues to perform exceptionally well” with access to “significant liquidity” and “more than 80% of total bank deposits falling within FDIC insurance limits.”
Oh, and they also got an upgrade from Citi to Buy.