P2P Lending / NFT Lending Forum

Lending Club Discussion => General Lending Club Discussion => Topic started by: dr.everett on July 05, 2018, 11:00:00 PM

Title: LC stock up .32 a share the last 2 days- no breaking news- anyone know why?
Post by: dr.everett on July 05, 2018, 11:00:00 PM
One of the few things I still have an interest in about LC is their stock- I've got 26K shares. It seems to be fairly cyclical lately- before earnings it goes up a bit, after earnings, way down. I've watched it enough that I think I have a reasonable sense of timing. ;)

Odd thing is that it went up quite a bit the last few days for no apparent reason. Not complaining, but does anyone know why? There's not anything in their press releases that I found, and we're still months off from the quarterly earnings. (Should be August 8th or thereabouts)

Any thoughts?
Title: LC stock up .32 a share the last 2 days- no breaking news- anyone know why?
Post by: rawraw on December 31, 1969, 06:00:00 PM
I think you are mistaking noise for signal.  But who knows, there could be a reason
Title: LC stock up .32 a share the last 2 days- no breaking news- anyone know why?
Post by: TravelingPennies on December 31, 1969, 06:00:00 PM
from: rawraw on July 07, 2018, 08:53:50 PM
Title: LC stock up .32 a share the last 2 days- no breaking news- anyone know why?
Post by: MoMoney on December 31, 1969, 06:00:00 PM
from: dr.everett on July 06, 2018, 06:24:04 PM
Title: LC stock up .32 a share the last 2 days- no breaking news- anyone know why?
Post by: TravelingPennies on December 31, 1969, 06:00:00 PM
Yes- apparently so. Now I have a new reason to pay attention to their stock. It went up again today by another 8%. Looking at a very large green number next to LC in my stock account.  ;D

May it continue on for the next few days for no reason. ;)
Title: LC stock up .32 a share the last 2 days- no breaking news- anyone know why?
Post by: JohnWick7 on December 31, 1969, 06:00:00 PM
It is a good idea for puppets.