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Post by nellerdk on Jul 2, 2017 11:03:08 GMT
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Post by amoult on Jul 3, 2017 6:54:13 GMT
Can you provide a link to the source of this?
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Post by nellerdk on Jul 3, 2017 10:00:18 GMT
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Post by amoult on Jul 4, 2017 5:29:29 GMT
Thanks. This is a clear red flag to me if a company that is supposed to be growing starts to fire people and there is no official communication towards the investors.
Also these new PG loans don't look good, default rates are staggering.
I'm now in process to liquidate my portfolio. Unfortunately some 15% of my investments are now locked in defaulted PG loans, but I should reach break even in 2-3 months. We'll see how it goes.
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Post by nellerdk on Jul 4, 2017 10:36:59 GMT
Thanks. This is a clear red flag to me if a company that is supposed to be growing starts to fire people and there is no official communication towards the investors. Also these new PG loans don't look good, default rates are staggering. I'm now in process to liquidate my portfolio. Unfortunately some 15% of my investments are now locked in defaulted PG loans, but I should reach break even in 2-3 months. We'll see how it goes. I agree. I think the communication from Twino is a little suspect. I am not investing with them until things are settled, hopefully, over the next few years.
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