Home Capital Group Inc 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

Home Capital Group Inc

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Post by wildrunner11on Nov 07, 2018 8:56am

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Post# 28935813

Serious. Whack a .... on shorts

Based on conference call, hcg will buy back shares. They are waiting till Monday to announce price so market price can adjust.

as a long, there looks like a massive shortage of shares will happen. You have 80 mil shares outstanding, institutional holders have 63 mil(??) and 12 mil Additional from shorties. I see some really weird numbers,

this will be an interesting week...

glta

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