ganymede
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Post by ganymede on May 23, 2017 10:39:48 GMT
The other mystery, to me anyway, is why there is 42k or so of DFL 012 available as it is long dated and 12%. I can only assume that people are cashing in to have funds available for the upcoming pipeline loans, only two of which are at 12% and one of which has a number. Small part of that is me, additional cash needed for MoneyThing 13% loan going live at 4pm today with an initial £10k bid limit. It's more swapping Lendy loans for MoneyThing, ABL, COL loans. My Lendy holdings are now down 95% from the peak, only left with a few 200+ loans, and tiny bit still in DFL012.
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mary
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Post by mary on May 23, 2017 10:45:33 GMT
quite a lot of 100+ day, 12% loans on the SM now. Why's no one want PBL143 I wonder? My loans are in the 200 to 300 days club, so it does not make sense to buy a 100 days loan. Some of the investors might ben having a look on MT. It was difficult to sell 200 days loans from midnight to 3am, I had to sell some 300 days loans instead. Not sure the midnight to 3am slot is a valid test of liquidity!
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mikeh
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Post by mikeh on May 23, 2017 10:51:57 GMT
What is wrong with PBL143, which has 154 days remaining? Does somebody know something that I do not? It is up for sale which means it could repay anytime. Some will therefore sell and reinvest when other opportunities are available rather than risk having idle cash.
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vmail
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Post by vmail on May 23, 2017 10:52:19 GMT
It is if you want to withdraw before you go to sleep
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jomantha
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Post by jomantha on May 23, 2017 11:05:56 GMT
any ideas why there is so much of DFL012 on the SM? TIA.
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jomantha
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Post by jomantha on May 23, 2017 11:23:41 GMT
any ideas why there is so much of DFL012 on the SM? TIA.  LOL
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r1200gs
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Post by r1200gs on May 23, 2017 11:47:23 GMT
I don't see any for sale? Mind you, I do need new glasses. I have loans up for sale right now but not much happening with them. Got to reduce my Lendy holding.....
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jomantha
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Post by jomantha on May 23, 2017 12:01:10 GMT
all gone
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elliotn
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Post by elliotn on May 23, 2017 12:41:45 GMT
My loans are in the 200 to 300 days club, so it does not make sense to buy a 100 days loan. Some of the investors might ben having a look on MT. It was difficult to sell 200 days loans from midnight to 3am, I had to sell some 300 days loans instead. Not sure the midnight to 3am slot is a valid test of liquidity! Midnight is one of the peak times of the day. (Interest is paid until 12 and people stay up late to make a dump.) 12-3am was a dumping frenzy today.
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vmail
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Post by vmail on May 23, 2017 12:47:27 GMT
Not sure the midnight to 3am slot is a valid test of liquidity! Midnight is one of the peak times of the day. (Interest is paid until 12 and people stay up late to make a dump.) 12-3am was a dumping frezy today. Must not be confused with taking a dump. Hopefully, no one will report me for saying that.
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mary
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Post by mary on May 23, 2017 13:14:31 GMT
Not sure the midnight to 3am slot is a valid test of liquidity! Midnight is one of the peak times of the day. (Interest is paid until 12 and people stay up late to make a dump.) 12-3am was a dumping frezy today. Obviously only for the Pros. I am happy to forgo a days interest and keep my P2P/sleep ratio in check.
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Post by df on May 23, 2017 13:35:38 GMT
Midnight is one of the peak times of the day. (Interest is paid until 12 and people stay up late to make a dump.) 12-3am was a dumping frezy today. Obviously only for the Pros. I am happy to forgo a days interest and keep my P2P/sleep ratio in check. Waiting until midnight can be counterproductive. It happened to me several times - the queue doubled in size between 8pm and midnight. Gaining one day interest, but loosing three days because of the queue.
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elliotn
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Post by elliotn on May 23, 2017 14:57:46 GMT
Midnight is one of the peak times of the day. (Interest is paid until 12 and people stay up late to make a dump.) 12-3am was a dumping frezy today. Obviously only for the Pros. I am happy to forgo a days interest and keep my P2P/sleep ratio in check. If you move abroad you can just check when you wake up. A hoard of 300D+ snaffled today 😎 .
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mary
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Post by mary on May 23, 2017 19:42:10 GMT
Now back up to well over £2M thanks to the £300k overhang on DFL025 - and wasn't that a 12% loan?  Oh the lure of 13% elsewhere. (Or 12% elsewhere with a bit of cashback.) Agreed, moved all available to MT, it's a competitive market on each side of the loan, know who doing it best at present!
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GeorgeT
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Post by GeorgeT on May 23, 2017 20:20:23 GMT
With so many top quality investment opportunities available at the moment at top rates I'm not expecting a great deal of action on the secondary market here for another week when we get the interest run. Of course the prime loans namely long-dated 12% loans will still shift but everything else I think will stick around until the end of the month so we could see secondary market availability here rise still further over the coming days as new loans continue to flood the market.
There was some extraordinary availability on the SM between 1 and 2 a.m. last night when people were clearly trying to shift some very high quality 12% stuff in a hurry to get it out in time to grab some 13%.
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