tonyr
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Post by tonyr on Nov 24, 2015 4:44:06 GMT
Given the parched landscape I was surprised to see a significant quantity of loan #36, C* C* Hotel. become available. Out of curiosity I bought some, there were two or three sellers one at a 2% discount. Now I think that somebody knows something I don't. Okay, repayment is due today and the loan is three years old and some past paperwork has been slow, but all of this isn't unusual and googling just brings up good things. I don't see anything here or in Pink.
Am I missing something or being paranoid?
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Post by crabbyoldgit on Nov 24, 2015 6:34:10 GMT
Me nervous too, paranoia must be infectious, how do you find out how many sellers there have been i assume they have been made anomalous.
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tonyr
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Post by tonyr on Nov 24, 2015 7:16:22 GMT
Me nervous too, paranoia must be infectious, how do you find out how many sellers there have been i assume they have been made anomalous. I bought in three chunks. Two were at 0% and one at -2%. You are only allowed one buy or sell order at once. That must mean there were three people (or the buy./sell doesn't work as described).
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brad
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Post by brad on Nov 24, 2015 8:04:47 GMT
Bookings do not look too bad for this time of year. Fully booked over Xmas & most Saturdays fully booked in the future, although a bit sparse in Jan/Feb, to be expected i suppose.
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tonyr
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Post by tonyr on Nov 24, 2015 8:13:23 GMT
Bookings do not look too bad for this time of year. Fully booked over Xmas & most Saturdays fully booked in the future, although a bit sparse in Jan/Feb, to be expected i suppose. Thanks for that. Seems like most of the parts have now gone - just a few thousand left.
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am
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Post by am on Nov 24, 2015 10:18:37 GMT
All gone before I logged on, but GBBA did buy some for me.
Someone seems to have been selling Cornwall and Conwy as well. There's been enough activity to show significant movement on QAA queue positions.
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tonyr
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Post by tonyr on Nov 24, 2015 11:02:34 GMT
All gone before I logged on, but GBBA did buy some for me. Someone seems to have been selling Cornwall and Conwy as well. There's been enough activity to show significant movement on QAA queue positions. Yes, I dumped Cornwall and Conwy in favour of C* C* hotel. The interest rate is better, Cornwall is due to repay and I hate having idle cash, it ruins my daily return spreadsheet.
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Post by mrclondon on Nov 24, 2015 12:15:44 GMT
I think someone has got cold feet on any loan that has had even minor issues, so I wouldn't worry too much about loan #36 in particular. Overnight and this morning I've picked up bits in quite a few loans at 3% discount where I have buy orders set to only buy at a discount.
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