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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Bullboard Posts
Post by RichardStockon Jun 07, 2017 7:24pm
197 Views
Post# 26338103

Poor Risk Reward for Shorts

Poor Risk Reward for ShortsLots of people predicting what will happen. Like anyone knows. IMO housing can go on being high for years without any crash, and without history repeating itself. The system's is way too complex. Also, if you (shorts) are firm believers in a market crash why don't you short every bank? HCG short is a terrible risk reward. If you shorted in the 50s or 30s, good for you. But shorting at 9, negativity slowly dissipating, positive momentum building + the short is a highly overcrowded trade. You guys are crazy. Short squeeze likely! Do what you like with your money, just saying... 
Bullboard Posts