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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

Comment by Northforce13on May 22, 2020 11:29pm
74 Views
Post# 31063863

RE:RE:RE:HCG Equity Lender selling at 50% off!

RE:RE:RE:HCG Equity Lender selling at 50% off!

Northforce. I remember you being a glass half full last time you were here a year+ ago.
Now you have definately flipped to a glass half empty kinda guy.


Eh no, in the prior HCG price crash I saw a full glass that was perceived by others as half empty and projected by others (the shorts) as being empty.  

Now I see a glass half empty that might fill back up, or might actually become completely empty.  

Actually, I think this account is just a DrSilberfart alias account. Where for whatever reason he had a "good cop"/"bad cop" multiple accounts.


Sounds like an attempt to undermine the credibility of someone who disagrees with you.  

That said. I basically put no creds to what you say.


Of course you don't, it's called cognitive dissonance ;-)  

Anything you say is just feeding your agenda. IE: sell your HCG shares.


The posts on these boards read by a couple dozen people have almost no effect on the share price.  

You don't have to be very smart or an intellecual at all to try FUDDING uninformed investors to sell their shares. I figure that is easy to do.


It's almost impossible to do.  Not only have you not sold any of your shares, despite my warnings, you are buying more.  

Really doesn't make you a produtive member of society at all!


I am not a productive member of the cognitive dissonance society, no :-)  

I believe that us Humans are a pretty ingenious bunch and tend to solve problems and move forward. Over our long history we have dug ourselves outta bigger problems then this.


I agree entirely with what you just said.  There's something we can agree on.  But between here, and there, there's a lot of ground to travel and things could get much worse before they get better.  

And we already have proven that we know how to contain this Covid thing,


Yes, just have everyone stay inside and do nothing.  Which happens to destroy your economy.  

now we are just finding the right balance between economy/virus activity


And all the economic pain, hardship and difficulty in figuring out what that balance will be.  The magnitude of damage permanently done to sectors of the economy that must be permanently altered or abandoned in pursuit of that balance is still to be seen.


With all that being said, I'd love to reenter and go long, but I feel the potential damage isn't fully priced in or appreciated. 

We will all know more as the big banks start to report.  

Thanks to EventHorizon for the deep thoughts and posts, it was nice to read some posts that got into the nitty gritty and voiced opinions on deeper subjects.  
 

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