The only lesson I've learned with LC is that there has never been a real "bottom" for SP. Management does nothing as SP continues to erode.
I've been 100% wrong about this stock.
Hope they are bought out so that we are put out of our misery.
@keremoner@YaCop I don't understand going on at LC. They cut loan issuance because investors pulled back......then they release a PR saying target IRR is 3% for notes impacted??? Seems like they would have overwhelming demand from investors if that is actually the case.