Public Boards > The Lobby
LC IPO
havastat:
Seems to have reached a peak and been going down a bit for the last few days. Not uncommon for an IPO.
havastat:
Price seems to be settling somewhere around $18-$19 range for time being. Closed at $19.26 today. Well below peak but above initial price.
Flying Missle:
I recently heard or read a story that LC is going to be working with Alibaba to provide financing for American buyers to purchase from Chinese suppliers.
If that works out, I would guess it will be a great thing for LC.
Risk_Reward:
--- Quote from: Flying Missle on February 10, 2015, 01:37:24 pm ---I recently heard or read a story that LC is going to be working with Alibaba to provide financing for American buyers to purchase from Chinese suppliers.
If that works out, I would guess it will be a great thing for LC.
--- End quote ---
I wonder if the borrowers will be as fake as the goods they'll be buying.
Flying Missle:
--- Quote from: Risk_Reward on February 10, 2015, 07:04:31 pm ---
--- Quote from: Flying Missle on February 10, 2015, 01:37:24 pm ---I recently heard or read a story that LC is going to be working with Alibaba to provide financing for American buyers to purchase from Chinese suppliers.
If that works out, I would guess it will be a great thing for LC.
--- End quote ---
I wonder if the borrowers will be as fake as the goods they'll be buying.
--- End quote ---
Here's the article.
http://www.forbes.com/sites/ywang/2015/02/03/alibaba-to-offer-loans-to-u-s-businesses-through-lending-club/
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