Results 1 to 12 of 12
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07-07-2015, 09:37 AM #1
ONDK: Shareholder Rights Law Firm Johnson & Weaver Announces Investigation of ONDECK
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07-07-2015, 09:38 AM #2
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
Looks pretty ominous
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07-07-2015, 10:31 AM #3
- Join Date
- Jun 2013
- Posts
- 351
Looks like a law firm trying to make a buck...
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07-07-2015, 01:18 PM #4
So if and or when On Deck settles, the investors affected will each get a check in the amount of 11.48 while the law firm rakes in millions...awesome. welcome to America
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07-07-2015, 01:28 PM #5
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07-07-2015, 02:43 PM #6
- Join Date
- Aug 2014
- Posts
- 187
Only a BOZO jumps into the market and buys an IPO on day one. Unless you got part of the placement or some other BBD, that's a formula for disaster.
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07-07-2015, 02:56 PM #7
BOZO's can hire lawyers too....
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07-07-2015, 03:02 PM #8On Deck’s stock price decline has resulted from Company issued press releases along with analysts’ reports regarding shifts in its lending practices to less profitable channels and longer term loans and the resulting material adverse effects on the Company’s interest rate spread earnings.Anthony Diamond
Underwriter
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07-07-2015, 03:21 PM #9
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07-07-2015, 03:22 PM #10
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07-07-2015, 04:00 PM #11
- Join Date
- Aug 2014
- Posts
- 187
That's probably right, Chambo. I'm not sure how ONDK fooled the Investment Bankers with that rigamarole about being a tech company, but sooner or later, some guy from GS is going to have a buddy with an ONDK loan, he's going to hear all about it, and the word will get out that its a loser. When you look at the top five institutions holding the shares, that's not exactly a list of household names....
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07-08-2015, 12:13 AM #12
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
Looks like somebody with a short position that would rather cover in the single digits
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