Anyone try Lendingclub or any of those other P2P lending services?

If you need to borrow, it could be a last resort

If you want to loan, I had success with prosper. They have the lowest default rates I could find.

Still crushing the Newalta investment from sub $1 right now, but little confused on their model. They always quote EBITDA ranges based on WTI prices. Obviously that's good because WTI is soaring and WSC is actually tanking. What I don't get is why they base it on WTI? Surely the bulk of what they recover is from heavy oil?

https://www.newalta.com/assets/prese...ember-2017.pdf

Just seems odd. Trying to figure out just how much upside they get from this WTI rally.

I loaned money on Lending Club And got only 3% annualized return.

33% defaulted, 50% paid off early (many nearly immediately) and only 16% paid in full including interest.

I tried it over a couple years and got around a 1% annualized return using the auto invest features.

According to everything I read, I definitely ran bad more than likely.

NTS has taken quite a slide, even in spite of news today that they got approved for a new patent in China. Any thoughts?

https://finance.yahoo.com/news/nanot...113000095.html

My investment there has been one of the best learning experiences in long term investing of my life. What I've learned so far is that a company with a very limited news cycle that can release very limited details on their work and that ALSO suffers from low liquidity is going to get zero room for error.

In this case the market gave China and the 100 yuan time, and then it ran out of patience. That was it, once the newswire went quiet you've seen a slow bleed on low volume day by day by day.

If you're results oriented, you could say we all had ample time to cut bait in the slide. Thing is any time during that slide China could get announced and you get whipsawed.

So where I've landed on it is I plan to trade around my core position. Keep a core amount, add/trim around events I hope to navigate.

Long term I have no fears frankly. Short term it's a kick in the balls to have greatly underperformed the market now that I'm about back to my cost basis.

That's a strange conclusion. Slow news cycle, low liquidity, etc. are irrelevant if you still believe in the company, just HODL forever.

That assumes I don't think I can make more with *some* of my money parked elsewhere based on the messaging management has given.

Correct, given your posting history I'm quite confident you have no edge.

I see no need to fight over this. So you can have that.

That said my last 4 symbols in here all winners. So I'm potentially just lucky from the bull I suppose. A lot of people were probably made to look smart in it.

The China deal seems to be about issues integrating their products into bank notes in a way that meets their specifications. It's gone from a sure thing to delays to assurances that it's still going to happen (which is obviously not assuring). I don't think securing a patent changes things. The news you want to hear is that they've won the contract and started shipping product.

I'm in NTS, been following it for a while. Figured $1.15 was finally a good time to enter.

Yeah, particularly with the fact that it's pure licensing revenue, for 8+ years, with a shot at making it into other notes and more. As Ahnuld mentioned, the bump in EBITDA is colossal for them, and is why Doug was previously citing 100% bump in revenue in 2018 and again in 2019.

That said the tone on the last call for it was more optimistic that the previous two. It was a when, not an if. Obviously there's only so much we can assign to that, but both sides have been working so hard on it that I'm inclined to think it comes through.

Either way they are cash flow positive with no debt. I'd think in the value thread, that's a good foundation to build on.

https://seekingalpha.com/news/332757...r=1#email_link

One of my largest positions just got bought out by Motorola for a price that was well below my target price.
Need a new stock to buy with the proceeds...
Could go with Savaria which I really like or CAE which is boring and unsexy- trading at a premium, but is a super well run company that will be around for at least another 50 years.
Any other sexy picks?

^^
I always recommend AGO. As long as that CEO is in charge it is a buy forever.

Adding APWC. Unless I see something sexier, my year is going to be basically dumping money into AGO, ORBT and APWC.

Current longs (based on size)
AGO, DS, DDS, RAD, PDEX, FELP, CBK, ORBT, APWC, MGM, DGLY, PRSC preferreds
Short: TSLA
Long Calls: DS, DDS

https://globenewswire.com/news-relea...8-Results.html

Some NTS news

Damn didn't know that was today. Anyone catch the call?

edit: Ah I can hear it now, nvm

woah great call imho....

Seems pretty much like a continuation of the status quo to me?

I guess there was the news about the executive hires and office expansion if you missed that press release.

I am starting to doubt anything ever comes out of the China agreement. Anyone have any insight into Hueck Folian and why they can't produce?

There was something very significant in the QA portion as it pertains to India.

But you should also be super excited as it's the first time they've ever said they're flat out ready to expand into areas outside of notes/stamps and have hired to do so.

$525000 in insider buys after this quarter's report (on a 300mm market cap). Market seems to be distracted by the shrinking revenues which is part of the plan to focus on higher margin products.

Weren't you just posting two weeks ago about all the lessons you learned trading NTS? And now you're super excited about new business opportunities that might come to fruition two years from now?

The bank note cycle is one thing. What they're discussing is not bank notes. Nor is it tax stamps or anything nearly as regulated.

But they're not discussing any firm deals that are going to impact their bottom line in the next 2-3 quarters. Its still about possible opportunities in the hazy future.

That's certainly not what Doug implied. If they're working on "terms" now, it's with the intention of announcing. What more do you really want as an investor?