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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 Shortingtozero2on Nov 28, 2017 1:35pm
54 Views
Post# 27047418

RE:RE:RE:Home Capital: "If West Face commences the claim....

RE:RE:RE:Home Capital: "If West Face commences the claim....
InsiderTrader wrote: West Face should be familar to you.  They are the ones that are sued (twice, this time sued with a whole list of short sellers) by Catalyst/Callidus Capital earlier this month for stock manipulation. 




Here is the link below that InsiderTradr referenced (I had to look it up - never heard of West Face).  What I don't understand is that they gave Home a draft version of the claim?  That is highly unusual I would say --- Qas that some kind of threat because usually legal threats don't end well.   Newton Glassman from Callidus has the $$$$$$  to drag West Face and alleged short sellers that were (or alleged to be) working with West Face through the weeds on this law suit:

https://www.newswire.ca/news-releases/west-face-denies-allegations-in-catalysts-latest-meritless-claim-656174613.html

Regardless, no one appears to be selling on the news  ...  and interesting that a cluster of Home Cap insiders were buying stock last week.  I must say even I was surprised at the volume insiders purchased. 
Bullboard Posts