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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

Bullboard Posts
Comment by Olimpuson May 08, 2017 11:59pm
102 Views
Post# 26219376

RE:RE:RE:RE:Liquidity

RE:RE:RE:RE:Liquidity
Olimpus wrote: But something has to happen to create that.... and with the lending rules that are 10x what the USA had pre-2008 and I dare say better than the ones they have NOW this is not that time.

Just accept the fact this was an underhanded OSC insider that fed reports to a slime ball shorter and almost created enough fear and panic to crash Canada's largest non bank mortgage lender and the entire Canadian housing market to make money..... how’s that for a run-on sentence.  

This shorter paid millions of dollars to spread that fear and panic, to take advantage of a weakness created by new rules in the market to protect against that very event from happening.

HCG may still die.... The market still might crash because the Shorter’s only win if it falls....  but call it what it is.

I am 11,000 long at 7.47 Avg now.  I bought the dead cat bounce  at 9.40, averaged down at 7.50

I covered a 32k margin call after the credit downgrade the day after I doubled down at 6.50

This stock still may fail but it has NOTHING to do with the fraud, their books, or the Canadian housing market...

  and that is why I am long and have all my shares for sale to protect against Shorter’s…. and hopefully squeeze them till they pop for almost destroying my countries economy to try and make a buck.
 




And make a ton of money.
Bullboard Posts