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Mark Holder

Out Fox The $treet: November 14, 2017

Stocks to watch Tuesday:

Synergy Pharma (SGYP) - secondary offering got investors off guard sending the stock down 10%. Typically, growth stocks bounce after raising funds, but the $56 million financing only partially pulls the biotech away from reliance on the debt financing. If anything, this secondary at $2.58 brings up more questions than problems solved. 

LendingClub (LC) - Cleveland Fed slammed P2P lending and LendingClub bounced back from initial losses. A very good sign that the stock is at the lows around $4.20. 

Square (SQ) - the mobile payments stock hits rare valuations as the stock hits $40. Dangerous to own Square at these levels. More research: Square: Priced For Perfection 

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Disclosure: Long LC