Thoughts on Lending Club (LC) stock

Stay away

They really should consider democratising the underwriting process. They should get out of the business of setting interest rates, and rather auction off notes.

Don’t even think of touching LC stocks.

If they can't make money now, what happens when the economy turns?

I can’t think of a worse company to invest in. They’ve lost money in a strong economy. The strongest in my lifetime, at least. They’re doomed.