HCG FAQS, FUD Buster(Q2 Judgement Day: T-2 days) 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
Nice Read:
https://www.investopedia.com/articles/analyst/030102.asp
Interested in HCG shorts?
They have only covered 1% of 9,000,000
See https://shortsqueeze.com/shortinterest/stock/HMCBF.htm - (9,000,000 - US alone)
And
https://shortdata.ca/stock/HCG.TO/ (2,000,000, Canada)
Why give your shares away at more than 50% discount to FMV? There is no reason. There is a fair market for 11,000,000 shares. No need to give them away.
"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett
Me: Don't be the Impatient
Summary:
None, Absolutely None of the Shorties predictions have come to pass. But the shorties have come and passed. Tittoo, Pump&Dump, Tater, Gisha and several iterations of bullhorn MrSil, and DrSilb, etc. If posting wasn’t his paid job, he would have passed also.
There is nothing wrong with the business. The shorties are milking the fear. Don’t be fooled. Do your own due diligence
Clouds over HCG (past and present)
(That did not send HCG to zero. HCG = Stable + Profit + Growth!)
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).
13) How are they ever going to maintain their book, let alone grow it?(Twitter:Grisha FAIL)
14) Originations, Stabilize loan book(almost there, Q1?)/return to growth(Q1?) YAAAAA BABY
15) Effects of B-20 and rising interest rates (Spring RE market will show)(No goto zero)
16) Q1,2018, May 8th, 2018, YEAH, YEAH, YEAH (Stable, Profit, Growth)
17) June 2018, YoY RE prices turn positive
18) April 2018, monthly statement, originations up.
18) July 2018, YoY RE sales turn positive
19) May 2018, monthly statement, originations up. Cash way up!
20) July 2018, YEAH, YEAH, YEAH (Stable, Profit, Growth)
Remaining Open Items:
1) Reinstatement of dividend (it was 0.26/Q hoping back in the 0.15 to 0.20 range)(Q3?/Q4?)
2) shorties let me know if I am missing anything so we can keep tabs
Shorties That Have Passed: BooHaaHaa!
-Titoo
-Pump&Dump
-Tater
-Gisha6
-And 2 or 3 of
DrSilbergleit, DrSiIbergleit, DrSiIbergIeit, and DrSiIbergIeit
-And a few of the MrSilbs,etc
Monthly Real estate Trends (GTA): https://www.zolo.ca/toronto-real-estate/trends
Historical Real Estate Trends(GTA):https://toronto.listing.ca/real-estate-price-history
Monthly Real estate Trends (GVRD): https://www.zolo.ca/vancouver-real-estate/trends
Unemployment Rate: Labour force characteristics
GIC rates: RateHub, Best GIC rates
REBGV: Real Estate Board Greater Vancouver
TREB: Toronto Real Estate Board
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(latest Q)
-HCG comes out stronger/wiser through all that, not weaker.
Marc Cohodes
@Alderlaneeggs(twitter)
Seth Daniels
@analystskeptic (twitter)
@jdkcap(twitter)
@Mr_Silbergleit (twitter)
DrSilbergleit(Stockhouse)
Real opportunities Libertas fund
managing partner of JKD Capital
Brian Horey
@Donut Shorts(twitter)
@AureliusValue(twitter)
Aurelian Mgmt
Rachelle Berube
@Landlord Rescue(twitter)
Fraser Perring
@AIMHonesty
Viceroy Research
Seth Daniels, Managing Partner, JKD Capital
One Boston Place
Suite 2600
Boston, Massachusetts
02108
United States
Brian T Horey, Managing Member, Aurelian Management LLC
780 3Rd Avenue, Rm 1500,
New York, NY
10017
United States
Marc Cohodes, Short seller and chicken farmer
Alder Lane Farm
100 E Railroad Ave.
Cotati, California
94931
United States