I have been a Lending Club investor since 2010 and been pretty happy with the platform and returns. I have about $27k currently invested.
Tomorrow, Lending Club goes public and since I am a LC investor, I was given the chance to request shares at the IPO pre-market price. I requested the max of 350 shares @ $15 a piece. This is my first time that I have had the opportunity to invest in an IPO pre-market so I am kinda excited to see what happens tomorrow.
The way I look at it, this is pure gambling, I don't have too much capital at risk, and I'm looking for a big pop. Will probaly sell before the insider shares unlock.
Hopefully the shares perform better the my oil stocks!
I was able to get 250 shares. I was very happy with the 60% pop. I will hold onto these shares for a while.
ReplyDeleteAnon, I also got 250 shares and am also going to hold for a while. You have to be happy with the pop and makes you realize that the big money clients of wall street that get IPO premarket shares make some serious money. The rich get richer.
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