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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

Post by MrSilbergIeiton Mar 24, 2020 3:50pm
122 Views
Post# 30842995

Big Investors Scooping Cheap Shares

Big Investors Scooping Cheap SharesSeems like there are some big investors coming in to scoop up some cheap shares sold by short sellers.

Like I said, I covered my short position and wouldn't advise others to short this name at current valuation...Like Cohodes said before, you dont want to short CDN banks because they are effectively state-owned companies.
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