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Oops. LC got greenlit by Powell.
$10- $12 now in play for JAN.
mb
ST PT for $LC is $7.50 for January.
Bullish actions.
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Well I sold mine for 100 percent profit after a couple days. Now yes puts were great
more like puts
* * $LC Video Chart 12-31-2020 * *
Link to Video - click here to watch the technical chart video
* * $LC Video Chart 06-29-2019 * *
Link to Video - click here to watch the technical chart video
News: $LC LendingClub Announces Reverse Stock Split Effective Date
SAN FRANCISCO , June 28, 2019 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, today announced the effective date of a 1-for-5 reverse stock split of the Company's outstanding and treasury shares of i...
Read the whole news https://marketwirenews.com/news-releases/lendingclub-announces-reverse-stock-split-effective-date-8432724.html
UPGRADE WITH 50% UPSIDE POTENTIAL IN LENDING CLUB
Yesterdays earnings report was not fantastic, but maybe came as a relief to many who expected worse. Revenue was the main positive, haven risen to $174 mil for the quarter in comparison to $151 mil one year ago. This morning the first upgrade has been published by Wedbush, raising the price target to $5, representing considerable upside from the $3.22 closing price.
Interesting,
I've (business, not individual) loans w/ LC as a customer, and yet I invest into LC stock.
Funny, how I pay them %Interest monthly, & yet make profit from its stock - call it "recursive".
$4.30-4.90-$5.20/share by October
* * $LC Video Chart 05-09-18 * *
Link to Video - click here to watch the technical chart video
* * $LC Video Chart 04-25-18 * *
Link to Video - click here to watch the technical chart video
Soon it will go back to $6. Win win from this level
Anyone playing earnings here??? Debating to scoop some prior to the bell.
MACD keeps getting tighter towards that Golden Cross... Very Bullish looking...
American Bulls has buy signal:
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=LC
MACD getting close to Golden Cross
Looking for Re-bound off this double bottom
* * $LC Video Chart 12-12-17 * *
Link to Video - click here to watch the technical chart video
* * $LC Video Chart 11-08-17 * *
Link to Video - click here to watch the technical chart video
Oppenheimer and Maxim Group. Both of these firms reiterated their buy ratings on the stock today with price targets of $6.25 and $8 respectively
LendingClub Corp
California-based LendingClub is an online peer-to-peer lending company. It was actually the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. However, LC shares crashed in after-hours trading by over 20% as the company cut back its revenue and profit guidance for the full year. Shares had already dropped by 6.6% during the day on November 7.
The weak guidance comes despite assurances from LC CEO Scott Sanborn in August that the company was “back on the front foot.” He had told investors to expect revenue of $600 million with net loss of $65 million for the full year. Now however, Sanborn has changed his tune. Investors are now looking at a net loss of about $67m, on about $579m of revenues.
Nonetheless there is still a bright light out there for LC according to Oppenheimer and Maxim Group. Both of these firms reiterated their buy ratings on the stock today with price targets of $6.25 and $8 respectively. Considering the stock is now trading at under $4.5 this suggests big upside potential. Oppenheimer’s Jed Kelly is a five-star analyst with a strong track record on LC stock specifically. He says that shares have been “oversold” and calls the issues “transitory”. Plus he notes that the investor’s day next month serves as an immediate catalyst for the stock. On this day, December 7, management will reveal its 2018 guidance and long-term initiatives
“We believe strong borrower demand (applications +58% y/y) and a wider investor base can support profitable growth in 2018, and at 10x our ’18E EV/EBITDA, valuation is not stretched, in our view” says Kelly. Note that he does reduce his price target from $7.50 to $6.25 to account for the lower guidance, but ultimately, he concludes that “the risk/reward as very compelling at current levels.” He is hoping that the company’s differentiated business-model will help it create a “sticker investor base” that will help LC “drive higher profitability to support outer-year multiple expansion.”
From TipRanks we can see that LC has a cautiously optimistic Moderate Buy analyst consensus rating. This reflects the fact that in the last three months, the stock has received 4 buy ratings and 3 hold ratings from analysts. The average analyst price target of $7.13 now stands at considerable upside of 30% from the current share price
https://www.smarteranalyst.com/2017/11/08/buy-snap-inc-snap-lendingclub-corp-lc-weakness/
$LC looked #bullish today. I'm averaged at about $5.30 here so I am interested to see what LC can do in the coming weeks.
These lenders are the way to our future and small business, I got a small landscape company and we borrow from these guys all the time. The local banks are horrible when it comes to Lending
I just loaded up a bunch of lending club, I'm convinced that they are going to get bought up
Wow, look at her go!
It breaks $5.63 then the squeeze will start look for that pivot point
Hearing news and big squeeze play coming in LC this week. Keep on watch em
LC is flying today
LC 5.4 NICEEE, GAP FILL
Looking really good! Long term potential is massive. Current and project revenues through be roof!
The revenues will be excellent here, so far every quarter it's been a nice increase. Expecting the trend to hold up.
LC 4.51 its perking above short term trend line and right under 50sma. Gap up tomorrow would be a strong bullish signal
Amateur shorts out there now.
Benzinga taking their whack at it now that the big boys have moved on to other stocks. LC? They'll do just fine. I wouldn't want to be short as the investors come back online (which they will).
Pandora's box has been opened. The next generation doesn't bank like your grandpa or your parents or even you.
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