Thursday, December 11, 2014

LendingClub IPO

I decided to jump back into the IPO game and was able to snag a few shares of LendingClub (Ticker: LC). Obviously this was a hot offering (priced at $15 and opened around $24) and was very likely that I was going to be offered nothing. I’ll hang on to the shares for at least the next 30 days to comply with the brokerage firms flipping policy. In the meantime, I’ll do some more research into the company and decide if it’s something I want to build a position in. It is an intriguing company…


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