I own. Am holding but management is obviously a fresh, new concern to me. CEO less than a quarter ago said cash burn was low. Now this. Then he gives an interview today saying he told customers the bank is fine as long as customers tell other customers it's fine and if they don't, that could cause the bank to not be fine. What in the world is this guy doing?
I was going to pour a bunch of pre tax funds into tech stocks but I’m a bit concerned about the revitalization of antitrust enforcement, esp in Europe post brexit. Does anyone have an opinion about the future of tech that incorporates a robust antitrust regime?
This seems dumb of Schwab...maybe it makes sense because OTC trades are low volume? But you gotta think that the trend is not to add fees trades. Schwab seems like they're moving in the wrong direction on this one.
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