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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 YassineNoBSon Feb 22, 2020 6:21pm
60 Views
Post# 30721823

RE:HCG FAQS, FUD Buster(Cleanup)

RE:HCG FAQS, FUD Buster(Cleanup)Given the level of desperation among short sellers, I think the best and wise thing to do is to forgo the dividend for the time being until the NCIB and possibly another SIB are completed. That will allow HCG to buy at lower prices which is good for the bottom line and at the end it will make the dividend even higher for those who have the guts to stick around despite the blatant manipulation going on. US  hedge funds promise their investors crazy percentages and to justify their fees and commissions they have to resort to illegal/unethical/shady practices because playing a fair game doesn’t get you above average returns. If their bets work out they claim victory if not they liquidate the fund, open a new fund with a new name and the scam goes on. Unsuspecting retail investors are the ones paying for all of this. 
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