RE:RE:RE:RE:Cabinet is aware and followingIt's pretty clear the bulls here were never truly long. They know what this company has done in the past is dirty and should not be supported. They are only hoping and dreaming that Canada never enters recession and the housing market keeps going up which is the only way a company like Home Capital and the rest stay in business.
We all know the end game here is zero. I closed my short yesterday expecting some rally over the next few days so I will sit on the sidelines and see where the bulls take it. Hopefully it makes a climb to $9 before I start to short again. I wouldn't hold this long though as I've seen companies in these situations get halted followed by a bankruptcy notification in a short period of time.
Holding over the weekend should be safe but I'm not sure beyond that.
simmer1965 wrote:
even the 2B loan was in conflict. It's the type of people they are...buy more