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Post by duncandive on Jan 27, 2015 21:02:13 GMT
I think that since then, some one else has put another £100 up for sale which was instantly covered by the £100 over bid.
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mikes1531
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Post by mikes1531 on Jan 27, 2015 21:33:08 GMT
I think that since then, some one else has put another £100 up for sale which was instantly covered by the £100 over bid. Let's hope that the overbought situation went away because SS dealt with it. If someone simply offered up another £100 part without intervention by SS, the result in the past has been that the website shows no parts for sale, so nobody can buy the newly offered part, and the system continues to think that two people have purchased the previously offered part. (It does not transfer the newly offered part to the second person who tried to buy the first part.) So the part offered later ends up stick in limbo. It's original owner thinks it's been sold because there's nothing showing for sale on the website and gets upset/frustrated because the money from the apparently sold part doesn't arrive in the seller's account.
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star dust
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Post by star dust on Apr 20, 2015 9:36:56 GMT
PBL 013 is repaying as I write, as mentioned in the recent update. I hope SS will have some pipeline's going live this week, I have some cash needing a home . Edited to to remove comment as I had my loan numbers mixed up!
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mikes1531
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Post by mikes1531 on Apr 20, 2015 17:09:38 GMT
I hope SS will have some pipeline's going live this week, I have some cash needing a home . I hope you had a chance to put some of your cash towards PBL031 before it was fully funded -- if you wanted to -- as the Pipeline doesn't look that promising. There are six loans listed, for a total of £2.7M to borrow, but they're all at Stage 1, so it could be a while before any of them progress to the point of needing funding.
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star dust
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Post by star dust on Apr 20, 2015 20:47:33 GMT
I hope SS will have some pipeline's going live this week, I have some cash needing a home . I hope you had a chance to put some of your cash towards PBL031 before it was fully funded -- if you wanted to -- as the Pipeline doesn't look that promising. There are six loans listed, for a total of £2.7M to borrow, but they're all at Stage 1, so it could be a while before any of them progress to the point of needing funding. Um, I did start the PBL031 loan thread on the forum, so yes thanks, I was one of the first few investors in it . In my experience SS's pipeline is really just indicative, sometimes things materialise as expected, sometimes early, or not at all, and occasionally something comes out of left field. Very glad 31 arrived in the morning for a change though, as I was out minus an internet connection for the rest of the day.
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mikes1531
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Post by mikes1531 on Apr 20, 2015 23:11:47 GMT
In my experience SS's pipeline is really just indicative, sometimes things materialise as expected, sometimes early, or not at all, and occasionally something comes out of left field. Let's hope so. SS expect PBL011 and PBL012 to repay 'very soon'. When they do, there's going to be £1.1M looking for a new home. Some may be withdrawn in any case, but I'd expect most of the rest to leave the platform if there's nothing to invest in when the proceeds become available.
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