Things to think about
(1) Why is the Globe and Mail treating an impashioned short seller plea as HCG news? Why doesn't the Globe treat all supportive statements from shareholders as HCG news? Doesn't such a negative press release create an opportunity to benefit from a quick drop of share price and and gain on covering?
(2) Why aren't HCG share repurchases a good tactic against short sellers? Won't it make it very expensive for short sellers to cover their short position without a dramatic purchase price increase to cover their position, for the benefit of all current HCG shareholders?
(3) Why couldn't a sale of deliquent mortgages be more economical than managing a foreclosure, in both dollar effect and use of employees time?
(I am concerned about a pre year end disposal of a deliquent mortgage to an insider's relative.}
(4) Don't you find it offensive that Alpha, as an investment advisor, only discloses that it is a short seller the very end of such a detailed report based on one transaction?
What is my point? The Globe and Mail should not treat Investment advisors reports as corporate news.