Wednesday, June 3, 2015

OnDeck Capital: Looking For A Bounce Off The Bottom


  • OnDeck Capital continues generating exceptional growth though the stock now trades at the lows.
  • Too much capital chasing too few loans is the biggest risk in the online lending category.
  • OnDeck Capital is a stock to own if it holds the recent bottom around $15.
It didn't take long for the exciting fintech category to cool off. Even without a lot of competition for capital in the public markets, a stock like OnDeck Capital (NYSE:ONDK) is already trading down 50% from the all-time highs. At $15, the stock actually trades right at the lows from earlier this year.

Read the full article on Seeking Alpha.


Disclosure: No positions mentioned. Please review the disclaimer page for more details. 



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