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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

Comment by thinkyourmoneyon Jan 18, 2020 10:55am
125 Views
Post# 30568657

RE:RE:5.2million more shares to disappear!!

RE:RE:5.2million more shares to disappear!!I posted this on another stock's bullboard as the same action happened there this week.  You can tell the big boys are back from the holidays.

"Big traders (aka whales and deep pools) have mathematicians in their employ who have created algorithms that scrape profits by selling off or shorting companies that have gotten ahead of valuations or ahead of the market momentum.  Big trading houses are the ones who want to buy HCG shares on the cheap.  Like in the movie "the Post"  they do this because getting a dollar or two off the price adds up quickly when you are buying hundreds of thousands of shares.  It is just what they do. "
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