canader wrote:
Short Sellers are entitled to their opinion,...
-They are called “short and distort” for a reason
-Most, but maybe not all, are involved in market manipulation
-FUD(fear,uncertainty and doubt) is their weapon, FACTS are their undoing
-They are financially motivated to spread FUD to induce panic selling
-Take what they say with a very “BIG” grain of salt
-Think and “do your own due diligence” before you sell your shares!
-They are not below throwing every trick in the book to try and get you to sell your shares
-Keep an eye open for Pump & Dump tricks
-Keep an eye open for Naked short tricks
Institutional Investors own about 60mil of 80mil shares.
Clouds over HCG (past and present)
(That did not send HCG to zero. HCG has survived, is recovering and is moving on!!)
History:
1) Mortgage broker's writing fraudulent loans
2) No CEO
3) No CFO
4) Liquidity run
5) OSC
6) class action Lawsuit
7) real estate crash (I will give you correction)
8) Grant’s Conference Oct 10th, 2017[Baggies Sell](SilberBS & Tater FAIL)
9) B20 (going to zero. Don’t think so)(Tater FAIL)
10) Will Warren Buffet sell all his shares before Q3 results (Tater. FAIL)
11) Conspiracy Theory: Mngmt Poo Pooed WB 2nd Tranche(SilberTart, P&D FAIL)
12) Return to profitability (Yeah!!: Q3).
Remaining Open Items:
1) Reinstatement of dividend (it was 0.26/Q hoping back in the 0.15 to 0.20 range)
2) Effects of B-20 and rising interest rates (Q1 2018 at the earliest)
3) Originations Q4, Q1 2018
4) shorties let me know if I am missing anything so we can keep tabs
Monthly Real estate Trends (GTA): https://www.zolo.ca/toronto-real-estate/trends
Monthly Real estate Trends (GVRD): https://www.zolo.ca/vancouver-real-estate/trends
Unemployment Rate: Stats Canada Unemployment Rate
Mark Cohodes on Shorting HCG:
“In retrospect I should have sold it(my short) at C$6, But I’m not that smart.
Warren Buffet's Mosquito
Warren Buffet on Selling HCG:
Your hold period [on the Home Capital shares] is only four months, but traditionally Berkshire Hathaway has not been a company that buys and sells shares quickly. Can you give us a sense of your time frame in making this investment?
I don't even know where the four months comes from. I can tell you, we have no intention whatsoever of getting out in four months or eight months or 12 months. That language you just mentioned is new to me. It must have been something the lawyers stuck in. We're not buying it to resell in four months or next year or anything of the sort.
Gotta say your track record for projections (to zero) kinda sucks.
Short Sellers Fund Performance(back to 2014)
What doesn't kill you, makes you stronger. (means, run and cover your shorts)
-HCG comes out stronger/wiser through all that, not weaker.