Is the stock even worth holding? It seems like an SP500 etf would be a better investment.
14 replies (most recent on top)
"Schwab's stock is up 6.83% this year compared with a 17.37% gain for the S&P 500"
https://finance.yahoo.com/news/charles-schwab-insiders-sold-us-195115507.html
Price going downhill quickly. Really made my day :) Karma!!!
Yall need to learn to read. I was replying to that guy who said that Schwab employees are the largest clients and shareholders at Schwab and was just asking him a question. The key is the question mark. This just shows the lack of attention to detail you all have and why Schwab is so disfunctional internally.
You're telling everyone that most of $9 trillion in assets come from 30,000 employees? AT least try to get close to the truth here?
Majority of trillions in assets comes from a little over 30,000 employees where around a third are client servicing who are paid peanuts then the majority of the rest who are director and below aren't making $300k+ a year?
@2tnv+1tcbt3HU
Majority of trillions in assets comes from a little over 30,000 employees where around a third are client servicing who are paid peanuts then the majority of the rest who are director and below aren't making $300k+ a year?
What's the best way to get rid of my ESPP, what do I do with it if I want to move it somewhere else? Preference is out of Schwab completely. Tax implications, capital gains I have to pay? Looking for advice on my options and implications.
Search insider sales for the last quarter. Lots more outflows.
Never sell any stock , you have No idea where it will, today It is Low tomorrow it will moon.
Their employees are probably their biggest shareholders and clients.
Hysterical.
Institutional and Chuck are 95% of shares. Joey in accounting is a rounding error. Of a rounding error. Perhaps a little less than that.
More interesting is that almost all insider activity is sell for months.
But no, that ESPP buy or sell, or the upset former employee, is not going to impact our becoming the next Boeing.
It’s not going to impact our becoming the next Boeing.
Well I had options, a lot of 'em, at $8 and change. Excercides when they hit $50 and change, before expiration. Also been steadily buying ESPP for many years. All in all, saved over $650K.
Their employees are probably their biggest shareholders and clients. Of course with so many laid off and/or forced to terminate, a lot of shares and businesses are being unloaded. Schwab doesn't seem to realize that by forcing people to terminate, they lose a lot of assets in the process. Right now their reputation as employer and money manager is in the toilet. Every one knows their existing employees are desperately looking to leave too. Why would anybody want to invest their hard earned money with an advisor who will be gone the next day? Or work with service folks who are more interested in looking to leave Schwab than to service accounts?
ABC - Anybody but Crawford for CFO
Do you need tax losses?
VOO is hard to beat long term.
The only reason to hold SCHW is if you think things will improve with rate cuts and a new CFO.
Yeah. VOO.