- The irrational bounce after the company reported its ninth straight quarter of losses provides investors another chance to sell the stock.
- LendingClub is being valued like a technology company although it should really be valued like a credit services company with a much lower forward multiple.
- Bringing the availability of high interest loans to the web is not a business model to get excited about; especially given the ample competition.
Read the Full SeekingAlpha Article HERE
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