That's EXACTLY why the stock is so undervalued below $5 a share... There would be several bidders at this level and the ultimate BIDDING WAR would take the price back up over $5 anyway... Glad I found this one!
I'm not sure schwab has the 3-5 billion in cash to cover the purchase. DCF analysis of the revenues with annual growth of 6-8% per year at a multiple of 3.5 : between $3-5 billion