|
|
Post by caveman38 on Mar 25, 2016 17:50:00 GMT
Does the practice of ramping / deramping new loans exist on this forum. I ask as someone who's been mugged on penny shares listening to ramping on iii forum. Now I make my own decisions but am still sucked into opinions by other posters (I'm only human) I notice that with 089 pub loan. Early in the thread the talk was of whether the information was pukka and certain investors would steer clear. The latter posts are related to how successful the issue was how posters want more. I know the investors are not necessarily the same people but does the practice exist?
|
|
adrianc
Member of DD Central
Posts: 10,019 
Likes: 5,147
|
Post by adrianc on Mar 25, 2016 18:27:27 GMT
Does the practice of ramping / deramping new loans exist on this forum. I ask as someone who's been mugged on penny shares listening to ramping on iii forum. Now I make my own decisions but am still sucked into opinions by other posters (I'm only human) I notice that with 089 pub loan. Early in the thread the talk was of whether the information was pukka and certain investors would steer clear. The latter posts are related to how successful the issue was how posters want more. I know the investors are not necessarily the same people but does the practice exist? I'm not sure what there'd be to gain - if anybody wasn't interested, they wouldn't have pre-funded, so they'd not have anything to be selling. It's not as if the price can be talked up.
|
|
|
|
Post by caveman38 on Mar 25, 2016 18:36:30 GMT
If the loan is talked down and people are deterred from prefunding then those that do would get their full allocation instead of it being scaled back. As I'm only new to P2P it is something I am too familiar with obviously and as I say I am just asking, no offence intended.
|
|
|
|
Post by GSV3MIaC on Mar 25, 2016 19:42:47 GMT
On a loan this small it is pretty clear that any excess will sell in a flash on the SM, so there is no reason not to buy in and sell later. I suppose in theory there might be some benefit in chasing a couple of investors away, but it'd only increase your allocation by a few £, so hardly worth the risk of being called on it later, and SS investors are pretty hard to scare off (toxic dump building sites excepted, and even that was supposedly well covered before it was pulled). At the end of the day though you need to make up your own mind (there will be at least two opinions about every loan - usually half a dozen!).
You can see what people actually thought by looking at the 'number of investors' (shown on post1 I believe now). A few "Big Hitters" will not have bothered (with any of the smaller loans), but you can still compare the number who did bother with some earlier loans and see if people stayed away in droves (IMO they did not).
|
|
|
|
Post by caveman38 on Mar 28, 2016 9:16:16 GMT
What does acronym INPL stand for please.
|
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
Post by star dust on Mar 28, 2016 9:20:33 GMT
What does acronym INPL stand for please. Invest Now Pay Later. - Later being 24/48 hrs.
|
|
treeman
Member of DD Central
Posts: 1,026
Likes: 557
|
Post by treeman on Mar 28, 2016 9:21:42 GMT
What does acronym INPL stand for please. Invest Now Pay Later - the ability to run up a (short-term) negative balance < crossed with Stardust >
|
|
|
|
Post by caveman38 on Mar 28, 2016 10:20:42 GMT
So, relating to the post re. SM and someone buying Scottish Estate and selling it the following day for 1 days interest. Is it not the case that you DO earn interest from date of purchase and accumulate that interest from Friday say till the money is paid maybe on a Monday. If the money is not paid on the Monday, is the tranche removed from your account and the interest. Or does the interest still remain on your account. I may sound naïve but am trying to understand B&B ing - not to do it mind.
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Mar 28, 2016 10:25:36 GMT
So, relating to the post re. SM and someone buying Scottish Estate and selling it the following day for 1 days interest. Is it not the case that you DO earn interest from date of purchase and accumulate that interest from Friday say till the money is paid maybe on a Monday. If the money is not paid on the Monday, is the tranche removed from your account and the interest. Or does the interest still remain on your account. I may sound naïve but am trying to understand B&B ing - not to do it mind. SS said that they would be clamping down on such practices. If I understand well, this also means that no interest will be paid in such circumstances.
|
|
|
|
Post by Deleted on Mar 28, 2016 11:10:18 GMT
Not much ramping, unlike equity where the threads tend to always be on the same EPIC, these threads are for the portals with different loans, which shears the connections a bit between those who might ramp and the loan they might ramp on.
What there normally is a bunch of people feeling for a view of the loan. Finally, the number of people who chatter on these threads is very low compared to the overall number of loaners any affect will be diluted.
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Mar 28, 2016 13:07:10 GMT
Does the practice of ramping / deramping new loans exist on this forum. I ask as someone who's been mugged on penny shares listening to ramping on iii forum. Now I make my own decisions but am still sucked into opinions by other posters (I'm only human) I notice that with 089 pub loan. Early in the thread the talk was of whether the information was pukka and certain investors would steer clear. The latter posts are related to how successful the issue was how posters want more. I know the investors are not necessarily the same people but does the practice exist? Can someone explain ramping and deramping please?
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
Likes: 11,549
|
Post by ilmoro on Mar 28, 2016 13:15:41 GMT
Does the practice of ramping / deramping new loans exist on this forum. I ask as someone who's been mugged on penny shares listening to ramping on iii forum. Now I make my own decisions but am still sucked into opinions by other posters (I'm only human) I notice that with 089 pub loan. Early in the thread the talk was of whether the information was pukka and certain investors would steer clear. The latter posts are related to how successful the issue was how posters want more. I know the investors are not necessarily the same people but does the practice exist? Can someone explain ramping and deramping please? Terms normally used in relation to shares. Ramping is the practice of talking up a share, either unofficially through twitter or bulletin boards, or officially through news flow, in order to increase the price and therefore allow existing holdings to be sold at a higher price or a share placing to be carried out at a price above the real true value. Its usually associated with penny shares on the AIM market. A buzz will be created around a share leading to a sudden surge in price which will encourage buying and allowing the ramper to sell at a profit Deramping is the opposite, talking down a share in order to allow share purchases at a lower price, usually associated with people 'shorting' the stock ie betting the price will go down. In this context the term is being used to suggest that people might be making negative comments about loans in order to discourage investment and therefore enable themselves to get a larger slice
|
|
|
|
Post by caveman38 on Mar 28, 2016 16:47:03 GMT
Well explained Ilmoro. Exactly how I've been stitched up on AIM BB's many years ago. As someone in the know, can you answer my 14:00 post please re. overnight interest. As I understand it, interest is paid but SS will not tolerate it if is repeated often.
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Mar 28, 2016 16:57:36 GMT
Well explained Ilmoro. Exactly how I've been stitched up on AIM BB's many years ago. As someone in the know, can you answer my 14:00 post please re. overnight interest. As I understand it, interest is paid but SS will not tolerate it if is repeated often. I think a lot of that talk on AIM bb's is over optimism, rather than ramping, but some of it is ramping/deramping. Beware of the guy that is massive bull one week and a massive bear the next, or the guy who has "inside" information on assay results, new contracts, well results etc, he is clearly a ramper. You do also get an expert on a share talking it up for months, whilst probably selling, and then disappears never to be seen again. Those shares on AIM that keeps issuing shares like sweets, whilst making huge losses on the promise of jam tomorrow, are mostly doomed.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
Likes: 11,549
|
Post by ilmoro on Mar 28, 2016 17:18:23 GMT
Well explained Ilmoro. Exactly how I've been stitched up on AIM BB's many years ago. As someone in the know, can you answer my 14:00 post please re. overnight interest. As I understand it, interest is paid but SS will not tolerate it if is repeated often. ISTM that the only people who can answer whether interest would be paid in cases of 'bed & breakfasting' (as we appear to have termed it) are savingstream as only they can decide whether they consider it abuse and how it breaches T&Cs (plus of course any perpetrators) We do know that interest wont be paid in cases where lenders fail to fund prefunds but thats a different scenario.
|
|
