E*Trade Financial: Spinning the News [View article]
Even if they're opening 1000 new accounts per business day, that doesn't give any indication how many they're closing or that are being transfered to other houses..
open 1000, close 2000, and you're net losing customers..
or
open 1000 with $2k each, and close 100 with 25k each, and you're net losing customer assets..
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Even if they're opening 1000 new accounts per business day, that doesn't give any indication how many they're closing or that are being transfered to other houses..
Feb 14 15:12 pm
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All Comments by drierp »E*Trade Financial: Spinning the News [View article]
open 1000, close 2000, and you're net losing customers..
or
open 1000 with $2k each, and close 100 with 25k each, and you're net losing customer assets..