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LendingClub Corporation (LC)

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7,92-0,16 (-1,93%)
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  • S
    Stocktargetadvisor
    $LC conversation
    $LC
    Target Lowered by Credit Suisse Neutral USD 12 » USD 11
    Maintains Morgan Stanley Equal-Weight USD 8 » USD 7.5
  • R
    RENDILL
    VIVUS, Inc.
    zack rate strong buy Today's new strong buy stocks are: $VVUS, $SCON, $LC, $EHTH, and $COG.
  • s
    spam
    Just wondering how many of you actually own stock or are invested in LC account.
  • J
    Jimbo
    $LC conversation
    Note to self, lending money to people who can't afford it is always a terrible business model. People who are financial disasters don't become good little borrowers overnight. They are too emotional, and can't delay gratification. They are largely obese, unable to control impulses to eat, and they are unable to hold off from buying the new phone either. The market always mis-prices the risk in lending to the these people. The rate should be more like 30% to cover losses, but then the payments are so high you get more defaults, and it is a downward spiral. It's best just to avoid lending them money in the first place.
  • J
    Jim
    $LC conversation
    So...CEO of LC gets caught fudging paperwork on some loans, gets fired, and the stock gets a hammering of epic proportions. LC alerts the affected parties and buys the loans back. Financial media --- especially WSJ --- piles on and questions the viability of the entire FinTech segment.

    Wells Fargo creates millions of fake accounts and charges customers bogus fees just to inflate their stock. They get caught and pay the feds over $150 million in fines to settle the matter. They blame the entire affair on renegade employees and fire 5300 people. We are told that no executives were aware of the problem --- even though several whistle blowers had been fired. We don't hear a word from the Wells Fargo board of directors and the CEO has no intention of resigning.

    Does the financial press --- including WSJ --- question whether conventional banks have learned anything about ethics since the financial meltdown of 2008? Um...no. Do they call for the resignation Wells Fargo CEO John Stumpf? Again, no. Do they question the viability of conventional banking in the face of leaner, more nimble, and arguably more ethical Fintech rivals? Of course not. It's just another day on Wall Street.
  • V
    Vincent
    $LC conversation
    LC is a screaming buy now: 10/18/2006 at 1 PM EST
  • A
    Anonymous
    $LC conversation
    How 'bout everybody sell their Yahoo stock until they put everything back the way it was?
  • R
    Rambo69
    $LC conversation
    I hope this POS dies. I took a $30,000 loan to pay off debt from LC over 2 years ago and getting close to paying it off. The other day I tried to get another one and was turned down. Nothing has changed in my credit profile, I am 100% on on-time payments and this is the thanks I get...LC...I hope you go bankrupt and disappear from the face of this earth!
  • p
    pinot noirist
    $LC conversation
    Rather pleasant surprise today. Up 10%. I think $7 before the end of the year is possible, even likely. GLL

    Ken
  • Y
    Yandi
    There is literally only 31 loans available for investing today on their website. Something is going on can't pinpoint good or bad???
  • A
    Anonymous
    $LC conversation
    Went to reinvest cash today and before I even applied filters there were no loans available. ?
  • J
    Joe
    $LC conversation
    Be patient people. $LC has a bitcoin pivoting suitor.
  • S
    Scout Finance App
    $LC conversation
    Lending Club stock is down on news of higher delinquencies. The high risk grades of E, F, & G represent 12% of volumes $LC
  • s
    steven
    $LC conversation
    I like what I'm seeing so far this morning!
  • R
    Richard C
    $LC conversation
    The average Joe investor is not buying into this P2P lending. LC and Prosper are getting lots of loan requests, but no average Joe investors. It was a "cute" experiment.
  • D
    Dana
    $LC conversation
    someone as to have some news
  • S
    Sunation
    $LC conversation
    Why is it up today?
  • J
    Jimbo
    $LC conversation
    Subprime lending never works long term. It's why the banks stick to prime borrowers. Inevitably, they don't pay and collection regulations now are impossible. Run
  • J
    J T Kirk
    LendingClub Corporation
    After hours today, it dropped to $6.15 from a close of $6.60. Even at $6.15, it is still higher than it was last quarter when they announced earnings. Looks like things are improving across the board in 2017. This is a long hold stock.
  • Y
    Yahumiester
    LendingClub Corporation
    $LC board members are all older guys sitting on inheritance money which doesn't move. Management just don't have a clue!! Good luck to all investors out there!