%% EXACTLY; that was the SEC that did the main pushing for decimals, price improvement to the max....................[ i still use fractions but not for bid ask /LOL] SCHW + IBKR are 2 of the better run brokerages. E\Trade may have been one of the worse , maybe MS cleaned thier clock when they bought 'em] BUT even with good companies; its like IBD book noted when the bear$ raid the house they usually get them all\LOL. I trade about 95% super liquid stuff so a limit order is a limit order; Citadel + all of them do ok on that. Market exits mostly , so i guess broker love me sometimes
%% I havent done the math on billion bucks; but dont you hate it when we only buy1 apple @ 3 for $1.00 its $oo.34 LOL??. That's why i have a commercial orchard + tend to buy 3 pounds or more of red + green apples. IF i need to buy apples in SEPT, like stocks \they dump plenty cheap usually so usually get more than 3 pounds........................................... I like the way WMT will honor a shelf price quote/even if the price is wrongly jacked up @ cash register.[The one time they did not ;i said ok i dont want it.]
You are conflating a good company with a good price for the stock, The stock price is still high by traditional metrics.
%% Good points. BUT SCHW has a good bank; so dont bank on more fee increase from SCHW Like MSFT, they are one of the all time % gainers, IBD books note. IBD liked them so much they put them in their Selling Stocks Short Book LOL
The question is, will they grow assets under management over the years?? I can be patient holding those covered calls...Looking for years down the road.
Asset growth is likely, but that is only one question. "I can be patient holding those covered calls." One strong spike up and either the stock is taken from you or you are forced to buy back the calls at a loss.