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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
Post by ERTguyon May 12, 2017 1:49am
146 Views
Post# 26235414

Looks like the shorts are the ones nervous.

Looks like the shorts are the ones nervous. The "going concern" is the reason why this stock dropped in the first place.   I don't see any surprises in the financials which weren't already known.   The drop has been priced in when the financials were delayed.  Now shorts are trying to create panic from news the market already digested on april 26th.  If you look at the history of any of these shorts you'll see how little credibility they have with any other stocks they comment on.  You're not going to see a $4 drop tomorrow.   another mindless short displaying wishful thinking.  
Bullboard Posts