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01-21-2015, 01:52 PM #1
- Join Date
- Jan 2015
- Posts
- 127
New On Deck Program
I was checking to see On Decks stock price (right now its down to $17.50) and just saw this article
http://www.nasdaq.com/press-release/...20150121-00198
I dont know a ton about lending club, but this certainly looks like something similar to what they offer except its only being rolled out to institution investors
What is interesting is that even with this announcement today their stock is still down nearly 5%.
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01-21-2015, 02:00 PM #2
- Join Date
- Jul 2013
- Posts
- 352
OnDeck Marketplace has been around for a while. That is money behind the enhanced offers you might get from them. It is basically syndication.
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01-21-2015, 02:01 PM #3
- Join Date
- Jul 2013
- Posts
- 352
Also their earnings call is next Monday. It will be interesting to see how the stock performs.
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01-21-2015, 02:32 PM #4
- Join Date
- Jun 2014
- Posts
- 195
the stock is trading under 17.50
There is still time to short it
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01-21-2015, 02:45 PM #5
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01-21-2015, 03:26 PM #6
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01-22-2015, 06:47 AM #7
- Join Date
- Jun 2014
- Posts
- 195
Earnings are next week, the stock is going to tank again.
I am going to pick up some more puts today
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