Someone earlier posted that Schwab wanted to borrow shares because they know whats going on. They only do this when they think the company is going down.
So what is really being said here? Is Schwab in the business to hurt their own customers? To show them how to loose money or for that matter take their money?
I think not.
Now someone else posts that they called Schwab and the real reason is that they have other brokers that need shares.
Does that mean there are no shares avaliable?
Why is NITE all over the bid for several days?
What is going through my mind?
I really don't think Schwab wants to hurt their own business. I really don't think Schwab is going to intentionally hurt their own shareholders and furthermore I don't think Schwab wants to be liable for doing so.
Now that is a sure way to have the SEC over over you and be shut down in the process.
No I don't think Schwab has some nefarious agenda here folks..do you?
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