going to the moonclan gordon has doubled up on our short this week.
but the clan is starting to think it does not know a good thing when it sees it.
the fact that management admits to fraud and thereby makes a clear admission that none of the numbers submitted in the past can be relied in is a good thing. the fact that they will be paying 10 of millions for the admission is a good thing. the fact that un told millions where lost in borrowing at very high rates and fees is a good thing. the fact that hcg's traditional funding source has dried up and continues to dry up is a good thing. the fact that no real buyers are prepared to pay a price at what managment wants is a good thing. the fact that there is issues of criminality on the part of former management and that some members of the board is a good thing. the fact that business does not and can not continue as it did in the past is a good thing. the fact that management that knew the market has not been replaced is a good thing. the fact that the suits in charge now do not know the business is a good thing. now that the banks make be taking out the usary loan for a very costly bank loan is a really good thing. now all the bank analysts are piling on stating what great value hcg represents and this really is a great thing. clearly managment has under stated book in the past. even though the toronto property market will collapse and hcg is the weak link this is a good thing just as the overall market is declining but hcg is rising. what really is a great thing is the suits ability to release news accurate or otherwise and move the press. see orwell on double think or watch trump.