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12-31-1969, 07:00 PM #1Member
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LC Stock Down to $3.66 per Share
Maybe because us platform investors are taking a good look at our 1099s and shaking our heads at the ever increasing charge-offs and diminishing returns.
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12-31-1969, 07:00 PM #2Member
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LC Stock Down to $3.66 per Share
What bothers me is no news as to why.
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12-31-1969, 07:00 PM #3Noob
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LC Stock Down to $3.66 per Share
<span class="quoteheader"><span class="topslice_quote"> from: storm on January 31, 2018, 05:28:10 PM
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12-31-1969, 07:00 PM #4Senior Member
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LC Stock Down to $3.66 per Share
So earnings just happened and we're back to 3.68 a share. Hope everyone who had money in LC stock sold before the drop and are ready to buy back in again once the bottom is set.
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01-31-2018, 12:00 AM #5Senior Member
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LC Stock Down to $3.66 per Share
Over the past four trading days LC's stock has traded down from $4.11 to $3.66 per share.
I have no idea why, but it is what it is. Today was the worst; down another -4.7%.
As a reminder, the all time low was $3.44 in May of 2016 just after the scandal and management shake up.
I wonder if Mr. Chen will step in again as a buyer at these prices?
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