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Learning, Sharing, and Teaching => Investor Alley => Topic started by: youwontgo on May 18, 2016, 10:00:09 AM

Title: Lending Club Under Fire...Opportunity or Value Trap
Post by: youwontgo on May 18, 2016, 10:00:09 AM

Lending Club is experiencing a capital crunch. May spell opportunity in undervalued loans on secondary market, or potentially a stock price rebound...may also be a value trap. Enjoy the read:

http://www.cnbc.com/2016/05/18/lendingclub-cancels-summer-intern-program-as-capital-flees.html

Title: Re: Lending Club Under Fire...Opportunity or Value Trap
Post by: joleran on May 23, 2016, 08:21:09 AM

Quote from: youwontgo on May 18, 2016, 10:00:09 AM

Lending Club is experiencing a capital crunch. May spell opportunity in undervalued loans on secondary market, or potentially a stock price rebound...may also be a value trap. Enjoy the read:

http://www.cnbc.com/2016/05/18/lendingclub-cancels-summer-intern-program-as-capital-flees.html

Can confirm that I've been finding bucket loads of what I consider to be great buys on the secondary market.

Title: Re: Lending Club Under Fire...Opportunity or Value Trap
Post by: chesebert on May 23, 2016, 10:29:27 AM

According to the article: "If LendingClub were to go out of business, investors may not receive the full amount of payments due and to become due on the note, or such payments may be delayed as bankruptcy or other proceedings make their way through the courts."