Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 canaderon Dec 29, 2021 8:57am
78 Views
Post# 34266957

RE:RE:Short update, 12/15

RE:RE:Short update, 12/15

Nah,

On that, I have no fuel to offer short sellers. They can propagate their own theses as to why they want the share price to drop.

I am comfrtable with the bull theses:

1) Stress test for mortgages. Home owners will be able to absorb several interest rate hikes

2) Strong immigration numbers, High entry requirements (===> money into Canada )

3) People more often than not want to own over rent. (>> more control over your nest )

4) Tight supply works in favor of thr LTV.

There is always some probability for something to go wrong. That is the thread the shorts are betting on. I think their are more positive threads than negative threads .

>>And a balanced potfolio overall is a good place to be after a nice bullish reflation run.

I have done quite well through this reflation trade and the prior recovery trade. HCG has done wonders for me $$$ wise. HCG will always hold a position in my portfolios. HCG has most definately earned that place. I may swing trade a small portion for entertainment and to send shivers through the dhorties. But it is on my time,... my time. And time,...short sellers don't like time.

In May 2022, 5 years on,...  I may release some charts and details of my HCG  trade. Maybe.

GLTA cept the Dhorties of course!


organeer wrote:
Personal thoughts as to why?

 

<< Previous
Bullboard Posts
Next >>