/biz/ - Business & Finance

>>15783717
I was mistaken
they still have some positive earnings even after paying the dividend
cutting their fees and commissions to zero will leave TDA with $12 million per quarter, where before they had $500M
so their earnings decrease by 98%, but they can stay alive as a company, as long as their traders don't leave and don't trade any more (which would increase cost of revenue)

still seems incredibly difficult, impossible even, to value them at over $5billion right now