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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
Post by WBuffett1on Nov 09, 2018 12:04pm
73 Views
Post# 28950919

Low Trading Volume = Eventual Short Squeeze

Low Trading Volume = Eventual Short SqueezeTrading volume is going back to normal levels today, that means short positions that are underwater remain enormous.

If Monday they announce a close to book value tender offer, that will wreak havoc and faciliate another short squeeze.

Remember, the hedge funds that have been shorting HCG will show poor performance only end of this month. Their investors haven't recieved their monthly reports yet but once they do, waves of redemption or fund liquidations will come and these hedge funds will be forced to cover their positions. We are still a long way to a fair valuation.
Bullboard Posts