fogey
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Post by fogey on Oct 11, 2017 18:16:23 GMT
The email mentions an additional 100k immediately after the new terms sale so why is this not in the pendings listing too ? I enquired re this earlier too - An email to all is to be sent to confirm time and limits etc for the new tranches - likely to be the first FFF for a while 100k split 8 ways will only last a minute or two ! I think I shall be very lucky to get some ... all my existing holdings are from the SM when everyone else was asleep or looking the wrong way They won't be doing that tomorrow !
Edit a £25 limit would help and a bigger one would be even better if it was scaled right !
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fogey
Posts: 171
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Post by fogey on Oct 11, 2017 18:08:32 GMT
I would take it from you if I didn't already have more than enough. Usually that amount of a loan available would be worrying but I'm not unhappy to play it out (suspect I have no choice now anyway). Not seeing a great problem with the Hotel and Restaurant either apart from it probably being a while closing it out. With MTBA822 being the only show in town (and any other town) and just not convincing me. I could do with somebody getting the market moving with a rumor. I still hold a lot of MH and the Hotel/Restaurant. Rumour has it there will be some Wine available tomorrow. Yes I queried about the extra 100k there as it isn't in the pendings ... but everybody else over there in the wine cellar is more interested in talking about dentists ! so I guess I was talking to myself again
Edit : more interest in the wine in the wine cellar now
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fogey
Posts: 171
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Post by fogey on Oct 11, 2017 17:30:55 GMT
The email mentions an additional 100k immediately after the new terms sale so why is this not in the pendings listing too ?
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fogey
Posts: 171
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Post by fogey on Oct 11, 2017 16:20:53 GMT
well I had already decided to run down my MH before all this panic induced clogging up so this doesn't qualify for a Panic Sale its just everyone else that panicked and got in the way of my long term strategy anyway good to see someone else on this thread as it was getting rather lonely ... and so I was just talking to myself again
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fogey
Posts: 171
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Post by fogey on Oct 11, 2017 15:57:40 GMT
I thought I had recently detected a slight unclogging of the MH sales, which had clogged up only a few weeks ago, apparently coinciding with yet more negative sentiment about uncertain exits etc. Earlier today I wasn't able to see much change, but having just looked again I find one of my queued sales about to happen ... only £99 in front. I listed it on 19th September so not so long ago ... managed to sell this one today and now there is another one of mine only £199 away too
despite all the money pouring into nully right now some of it is still finding its way into good ol' MH so this one is now sold too next one is £2800 away so might take some time ! now what shall I buy next?
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fogey
Posts: 171
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Post by fogey on Oct 8, 2017 22:42:48 GMT
Tomorrow it will be one month since this lot suffered a Panic that took them to the normal place at the top of the availability chart ... so then it will qualify as Panic of the Month. A lot of people here seem to think that default is inevitable but there is still a steady stream of money going in ...
360k for sale but only 1k bought today, a tiny trickle indeed. Good news badly needed for this lot to shift. Paranoia rules ok !! Keep taking the antidepressants
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fogey
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Post by fogey on Oct 8, 2017 22:21:52 GMT
All gone! £42,500 snapped up by single investor just after 12. It wasn't me .. despite telling everyone to get onboard version 1 when it had the inevitable Panic Attack
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fogey
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Post by fogey on Oct 8, 2017 22:10:11 GMT
I would presume 18% from the text of the related MTAI582 (on the completed loans page). I bet you are right ali, thanks. It looks like the 12% loans that have defaulted recently have gone to 14% and 13% loans that have gone overdue have gone up to 18%. I would have thought that a default rate would have been stated in the documentation somewhere though. In any case, we'll see what happens a month from now. Tomorrow it will be one month since this lot suffered a Panic that took them to the normal place at the top of the availability chart ... so then it will qualify as Panic of the Month. A lot of people here seem to think that default is inevitable but there is still a steady stream of money going in ...
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fogey
Posts: 171
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Post by fogey on Oct 8, 2017 21:43:43 GMT
I thought I had recently detected a slight unclogging of the MH sales, which had clogged up only a few weeks ago, apparently coinciding with yet more negative sentiment about uncertain exits etc. Earlier today I wasn't able to see much change, but having just looked again I find one of my queued sales about to happen ... only £99 in front. I listed it on 19th September so not so long ago ... managed to sell this one today and now there is another one of mine only £199 away too I guess if anyone wants to add more within MT it's the only way now ! MH was selling very well a few weeks ago let's hope that sentiment is on the way back now !
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fogey
Posts: 171
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Post by fogey on Oct 4, 2017 19:42:18 GMT
I thought I had recently detected a slight unclogging of the MH sales, which had clogged up only a few weeks ago, apparently coinciding with yet more negative sentiment about uncertain exits etc. Earlier today I wasn't able to see much change, but having just looked again I find one of my queued sales about to happen ... only £99 in front. I listed it on 19th September so not so long ago ... As there are no new loans around yet and very few good loans coming onto the SM. perhaps investors are once again returning to MH. This would be a sign of increasing confidence so let us hope that this trend continues ...
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fogey
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Post by fogey on Oct 4, 2017 18:28:24 GMT
It's very important that people thinking of selling out understand their own state of mind and the reason they may be considering this. When it is so obvious that a Panic of the Day is causing a rush for the exit and the cause of the panic is rather obvious too, then it is highly unlikely they are able to make a balanced judgement, unless they are very experienced long-standing investors. In such instances it is beneficial that less experienced investors are unable to sell as this protects them from rash decisions which they may soon come to regret. Today we see a steady stream of buyers slowly eating into this oversold position and eventually many panic stricken investors will withdraw their sale orders as their confidence slowly returns.
With your mantra of Panic of the Day you come across as a very experienced, long standing investor. However, I don’t think we should protect less experienced investors from rash decisions that they may soon come to regret. I have that awful feeling that I have missed out on something really big here ... as I find that I have exactly the same holding in this loan as I did a week ago. Well that's what comes of talking to myself and not listening to anyone else here ... or all those really helpful disparaging comments about sheep, les infants or whatever other derogatory term comes to mind ... with reference to less experienced investors. For some strange reason I would expect them to easily find themselves in a most perplexing situation whenever a Panic of the Day arises and so seeking really useful guidance as a result ... At least I have not thought about reducing my holding in this loan and am not now looking around trying to find anything better. For some reason the really good loans here very rarely come up on the SM ... and I guess this loan is rather like that again now ...
Edit ... Unless yet another panic sets in again !
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fogey
Posts: 171
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Post by fogey on Oct 4, 2017 11:34:03 GMT
Collateral Rep , is it the case that with a renewal you can choose whether to renew your loan parts or not, but with a loan extension you don't have the option of having your loan parts repaid? If this is the case it makes the renewal box rather redundant. We shall soon discover that .. if any unchecked box results in an automatic extension rather than an unwanted renewal !
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fogey
Posts: 171
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Post by fogey on Oct 4, 2017 10:39:23 GMT
After a single 50k purchase just after 10.00 there is now a rush to buy what remains from the panic selling ... This must be setting some new records for the speed and level of selling during the panic and now the speed and level of the recovery
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fogey
Posts: 171
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Post by fogey on Oct 2, 2017 21:40:34 GMT
Yep, 'completed' at MT just means the time ran out .. they really need another page for 'stuck in transit' .. or possibly they could just use 'default', although that would probably panic les enfants. Let's hope a fly isn't stuck with brundle in the transit of his telepod otherwise he will not want to appear at all and may just get lost somewhere instead ...
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fogey
Posts: 171
Likes: 104
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Post by fogey on Oct 2, 2017 21:10:15 GMT
Once again we see that discounting is required on the SM. What is the point in people not being able to sell if they want out? It's very important that people thinking of selling out understand their own state of mind and the reason they may be considering this. When it is so obvious that a Panic of the Day is causing a rush for the exit and the cause of the panic is rather obvious too, then it is highly unlikely they are able to make a balanced judgement, unless they are very experienced long-standing investors. In such instances it is beneficial that less experienced investors are unable to sell as this protects them from rash decisions which they may soon come to regret. Today we see a steady stream of buyers slowly eating into this oversold position and eventually many panic stricken investors will withdraw their sale orders as their confidence slowly returns.
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