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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

Bullboard Posts
Post by bluejay100on Nov 07, 2018 9:52am
116 Views
Post# 28936313

Hold or cash in?

Hold or cash in?That's the question I am grappling with now.  Will we see todays high of 17.62 again before Monday?  Still very low volumes at this point, which is interesting.

If we can get to $18.00 today, I think I will take profits on half my holding, primarily as I am more of a dividend investor, and it looks like management are going down a different route with spending their excess cash than fits my needs.

Still, it's been a crazy ride - I averaged down from $26 to $13 by buying a chunk at $6, and have held my nerve to this point.  May double down on HEXO with the profits!
Bullboard Posts