i like them a lot. I think they have a solid business plan
Posted on: August 5, 2016 at 09:41:15 CT
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and like you said most of the down pressure is from a human f-up that we found out wasn't even big enough to make them restate earnings.
I think the FinTech industry has huge potential and lending club is the biggest player.
It's funny to me that their stock tanked right at the time they are starting to crank out operating profits quarter after quarter.
All that said they are still a small cap growth stock in an emerging market so I wouldn't go crazy on allocation