Post by
Ocalaman on May 14, 2024 9:20am
TD , like watching a car crash in slow motion
Thier next Q release next week and conferene call should be painful at best.. There are ZERO good outcomes at this point other than to watch and guestimate the level fo damage thye are going to incur. This level of doubt wil haunt them for a number of years and getting investor confidence back will be diffcult , if not, impossible. RBC has written choices they have is to sell Charles Schwabb holdings or issue shares and the downside price forecast is 56$ ( CDN) and this does not even address the growth limitations the SEC may place on them including ongoing supervision until they are out of the penalty box.