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Post by mrclondon on Dec 4, 2013 22:16:41 GMT
Select the "All Bids" option on each listing to get the full picture - the bid summary is now not showing the new higher bids
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Post by batchoy on Dec 4, 2013 22:18:55 GMT
Not at all good, things are a real mess.
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Post by batchoy on Dec 5, 2013 6:53:02 GMT
Am I imagining things but have a lot of the bids that when onto FC just after it came back on line last night disappeared? I didn't bid so I wouldn't know for sure but I seem to recollect other bids going on.
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oldgrumpy
Member of DD Central
Posts: 5,087 
Likes: 3,233
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Post by oldgrumpy on Dec 6, 2013 11:57:03 GMT
Yes, some wag has just slammed in a 15% on 4207 Headstone, when bids of 9.7% have already been rejected  You gotta be init to winit, early takers can strike at any time. I was in the scouts you know, be prepared dib dib dib. A real heads-up would be 4258, he seemed quite happy to grab 10% (his rate) back in July, almost as soon as it was fully funded, I have piece at 13.3 and would like to top up!! Well I'll eat another banana!!! Good job we look at borrowers' previous behaviour. The big boys with flippers jumped in this morning and Mr L must have been watching his monitor because now its all accepted at 9.5% (his rate) and on the secondary market within an hour. The only bid I lost was the cheeky 15% I dropped in this morning when testing why 15% were being rejected while the loan was still only 87% funded. So here I am with a mixture of parts averaging 14.1%. Now, shall I sell the old 12.6% ones to reduce exposure?  Or just trust in MrL's Nepali Magic?
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oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
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Post by oldgrumpy on Dec 6, 2013 13:03:48 GMT
"At 12.6 I'd wait a couple of months till the froth has died down on....."
I'll probably just stick with what I've got rather than mess about. Together the two loans are only a smidgeon over 1% of my total portfolio.
I've been selling old low rate parts of other loans from Jan-July at par recently - take the 0.25% hit for rapid disposal to get new loans 2-5% higher. Lucky to have the time!!!
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Or just trust in MrL's Nepali Magic?