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Bullboard - Stock Discussion Forum Firm Capital Mortgage Investment Corp FCMGF


Primary Symbol: T.FC Alternate Symbol(s):  T.FC.DB.H | T.FC.DB.I | T.FC.DB.J | T.FC.DB.K | T.FC.DB.L

Firm Capital Mortgage Investment Corporation is a Canada-based company. The Company, through its mortgage banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing. It specializes in three investment areas: Mortgage Operations, Real Estate Operations and Special Situation Investments. Its investment... see more

TSX:FC - Post Discussion

View:
Post by satuple on Dec 05, 2022 10:06am

what's going on

with this stock? Falling every day
Comment by JayBanks on Dec 05, 2022 7:59pm
  Its a sector wide downturn, all companies in the same space have the same issues. (MKP, TF, FN, BRE, AI ect) Going into an expected recession people are not going to utilize mortgage/real estate services as much and ones that do likely aren't going to spend as much. With this idea the market expects earnings to match that narrative in the quarters coming up, thus the company's ...more  
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