LendingClub (LC) hit a low of $5.07 toady on the big market selloff. The online lending marketplace bounced strongly off the lows supporting some buying interest when the market cap dips to $2 billion. A nice bounce here always supports a trend of higher highs from the lows back last May. The market needs to remember that LendingClub is back into growth mode. With $800 million in cash, the EV is only a meager $1.2 billion. Buy now and buy if it dips below $5. Finding a bottom is always difficult, but incredible value exists here. Disclosure: Long LC