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This company is a Cash burning machine, without the Discover deal they will be out of cash by October, with the Discover deal they will be out of cash by spring of next year. You have a CEO who pays himself over $4 million a year and who has guided them into successive losses since they split from IAC, a company with a dated strategy, a Brand that was once a dominate name but now just a shadow having been passed by the Bankrates of the world. This Company is not a wounded Duck it's a dead Duck.
Recs
contrarian (second curve)
Recs
ON LENDING TREE:
99% of comments on these sites bash the company. seems they are deceptive and either knowingly or unknowingly fraudulent.
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http://www.consumeraffairs.com/finance/lending_tree.html
http://www.youtube.com/watch?v=r4vYpIS6-Mg
http://themortgageinsider.net/mortgage-reviews/lending-tree-mortgage-review.html
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Might be a good idea to short in your real portfolio
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adios amigo 1 star
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If a TREE falls in a forest, is anyone around to borrow?
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