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Post by df on Feb 3, 2021 19:41:25 GMT
Whilst pondering the best way to alter the thread heading the fairly obvious gap made me think there may be one hiding in the pipeline in the hope this one runs away on Friday. (This space reserved for pointing out I was right or discretely deleting) Edit. to make it easier...... anybody seen 153? Either a typo or there is something else imminent in the pipeline I guess we'll know by Friday afternoon.
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Post by ladywhitenap on Feb 3, 2021 19:45:53 GMT
I'm pretty certain we have had missing numbers in the past that have never surfaced.
LW
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Post by Ace on Feb 3, 2021 19:47:18 GMT
Whilst pondering the best way to alter the thread heading the fairly obvious gap made me think there may be one hiding in the pipeline in the hope this one runs away on Friday. (This space reserved for pointing out I was right or discretely deleting) Edit. to make it easier...... anybody seen 153? Either a typo or there is something else imminent in the pipeline I guess we'll know by Friday afternoon. There have been gaps in the loan numbers before, so perhaps potential loans are assigned a number and some wedded out due to platform DD, or simply withdraw their interest. EDIT: Crossed with her ladyship.
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Post by ladywhitenap on Feb 3, 2021 19:50:51 GMT
Specifically 1,2,3,5,22,29,30,45.52,53,61,63,64,66,70,83,90,106,117 and 153 don't seem to have made it far enough to be offered to us.
LW
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blender
Member of DD Central
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Post by blender on Feb 3, 2021 20:15:47 GMT
I think they are, or used to be, allocated a loan number when they enter the pipeline, to be burnished ready for their time in the limelight. Alas, some do not make it through - some fall through a hole, some escape through a Jefferies tube, others wander around the pipery labyrinth for months before either expiring or exiting. Some make it through the pipeline orifice to be loan requests but are subsequently withdrawn or not funded. We know that several new borrowers were in that pipeline in early December, but none has made it out yet. Numbers are lost. Perhaps we should all call for them together in unison at a pre-arranged time? Come on, 153, you can make it! Fancy Counting (remember them) used to allocate working numbers to their prospects at an early stage, but they were only given proper loan numbers when being placed in the market. Very few gaps. Maybe Abl has made that change.
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criston
Member of DD Central
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Post by criston on Feb 4, 2021 12:35:14 GMT
Tranche 1 payment due today.
Although this borrower has a good record, I would have thought it would be prudent for this payment to arrive without delay, with Tranche 4 launching tomorrow.
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Post by ladywhitenap on Feb 4, 2021 14:13:23 GMT
Tranche 1 payment due today. Although this borrower has a good record, I would have thought it would be prudent for this payment to arrive without delay, with Tranche 4 launching tomorrow. Your wish has come true. Payment made just now. LW
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k6
Posts: 162
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Post by k6 on Feb 4, 2021 15:24:30 GMT
Something I'm straggling to grasp is the fact that there are bids over 100% while there is a new tranche just about to launch
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Post by Ace on Feb 4, 2021 16:24:03 GMT
Something I'm straggling to grasp is the fact that there are bids over 100% while there is a new tranche just about to launch The highest bid currently amounts to a premium of about 3 days interest, so even that would have made sense a couple out days ago. Also, there could be people that can't make the launch time and have a touch of FOMO.
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Post by Badly Drawn Stickman on Feb 4, 2021 16:45:48 GMT
Something I'm straggling to grasp is the fact that there are bids over 100% while there is a new tranche just about to launch The highest bid currently amounts to a premium of about 3 days interest, so even that would have made sense a couple out days ago. Also, there could be people that can't make the launch time and have a touch of FOMO. There is a school of though (I may be the only pupil) that whilst all the eggs and baskets are mostly alike there is an advantage to spreading them around a bit. Sometimes paying a trivial premium for an older loan can pay dividends later if you want to rehouse. I tend to view the day before a new loan as a good buying opportunity where funds are being released in large quantities from disassociated loans often well below normal trading levels.
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Post by Ace on Feb 4, 2021 17:00:06 GMT
The highest bid currently amounts to a premium of about 3 days interest, so even that would have made sense a couple out days ago. Also, there could be people that can't make the launch time and have a touch of FOMO. There is a school of though (I may be the only pupil) that whilst all the eggs and baskets are mostly alike there is an advantage to spreading them around a bit. Sometimes paying a trivial premium for an older loan can pay dividends later if you want to rehouse. I tend to view the day before a new loan as a good buying opportunity where funds are being released in large quantities from disassociated loans often well below normal trading levels. Me too. I presume you had your fill at the trough before posting because I didn't find anything attractive 😔
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Post by df on Feb 4, 2021 21:31:49 GMT
Something I'm straggling to grasp is the fact that there are bids over 100% while there is a new tranche just about to launch The highest bid currently amounts to a premium of about 3 days interest, so even that would have made sense a couple out days ago. Also, there could be people that can't make the launch time and have a touch of FOMO. I'm guessing some people might not be following the game closely - put the bid in and forget about it.
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Post by df on Feb 4, 2021 22:21:09 GMT
There is a school of though (I may be the only pupil) that whilst all the eggs and baskets are mostly alike there is an advantage to spreading them around a bit. Sometimes paying a trivial premium for an older loan can pay dividends later if you want to rehouse. I tend to view the day before a new loan as a good buying opportunity where funds are being released in large quantities from disassociated loans often well below normal trading levels. Me too. I presume you had your fill at the trough before posting because I didn't find anything attractive 😔 Looking at WEL II now. Somebody wants to buy £50 @100.14 and somebody else is trying to sell £20 @100.31 - I wonder if the gap will narrow by 2pm tomorrow
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blender
Member of DD Central
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Post by blender on Feb 4, 2021 22:38:48 GMT
Me too. I presume you had your fill at the trough before posting because I didn't find anything attractive 😔 Looking at WEL II now. Somebody wants to buy £50 @100.14 and somebody else is trying to sell £20 @100.31 - I wonder if the gap will narrow by 2pm tomorrow Some people are fools with their money. That person with the £50 offered at 100.14 is throwing an extra 7p in to get the deal. And if he gets an extra day's interest before 154 takes bids then that's only 2p. At best he could be 5p down on this! Absolute madness. Should be made to re-take the appropriateness test. (Unless it's a market maker, with a cunning plan)
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Post by Badly Drawn Stickman on Feb 4, 2021 22:45:01 GMT
Looking at WEL II now. Somebody wants to buy £50 @100.14 and somebody else is trying to sell £20 @100.31 - I wonder if the gap will narrow by 2pm tomorrow Some people are fools with their money. That person with the £50 offered at 100.14 is throwing an extra 7p in to get the deal. And if he gets an extra day's interest before 154 takes bids then that's only 2p. At best he could be 5p down on this! Absolute madness. Should be made to re-take the appropriateness test. Probably from down South, no coded padlocks on their pockets down there daft buggers.
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