ONDK to zero soon
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  1. #1

  2. #2
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    The article says that he thinks the stock price is at the floor. This guy was short on the stock and is now getting out. He's not saying the stock is going to go up by any means, but if he thought the stock was going to zero i dont think he would be getting out.

    I personally think based on their balance sheet and the current market cap they are more likely going to get purchased.

  3. #3
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    I would say that shorting the stock now would be very dangerous. I believe as we speak there are hundreds of Funds that study overly beaten stocks and Ondeck may be flashing themselves to those groups.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  4. #4
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    Uptick-No volume-Sell Mortimer....Sell
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
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    Quote Originally Posted by kevinhenry0527 View Post
    Uptick-No volume-Sell Mortimer....Sell
    Volume returns...down. Volume always predicates price......
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  6. #6
    Veteran Reputation points: 135672 Chambo's Avatar
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    the recent news out on On Deck and Lending Club....cannot be good for our industry overall

  7. #7
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    I don't see it have an effect on us private groups (intending to stay private!!).
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  8. #8
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    Wh ecause theyre the only ones stupid enough to get greedy and go public?
    Quote Originally Posted by Chambo View Post
    the recent news out on On Deck and Lending Club....cannot be good for our industry overall
    Andrew J. McDonald
    Director of ISO Development
    Yellowstone Capital LLC
    1 Evertrust Plaza
    Suite 1401
    Jersey city, NJ 07302
    PH - 347.464.0785
    FX - 646.213.1790

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