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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 Northforce13on Feb 04, 2021 4:06pm
71 Views
Post# 32474031

RE:RE:RE:RE:Home Capital Group Price Target Raised to C$42.00

RE:RE:RE:RE:Home Capital Group Price Target Raised to C$42.00
"Between 1 and 1.5 million shares of home capital group shares are shorted at any given ime.


Nope, right now according to Canader's last post it is 841k.  On 52 million shares that's 1.6% of the float.  That is a joke. 

1)  THERE ISN'T GOING TO BE A BIG SHORT SQUEEZE

2)  THERE IS NO BIG SHORT POSITION AT ALL

3)   I USED CAPS TO TRY TO MAKE SURE IT'S CLEAR


Given that the average traded volume is around 100k it would take a few weeks to cover them


Emotion based blah blah without looking at the numbers and facts. 

1: It's not 100K per day, it's 300 (and that's light) 3X what you claim it is

2.  It does not take 4-5 weeks which is 16-20 days to cover 841k shares on 300k shares/day volume.  It's less than 3 days.  Not 16-20.

Can you please "up your game" and think in terms of facts and numbers when you post, instead of emotion with claims that have no basis in mathematics.  



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