Q: Question relates to the current short position on Home Capital. With the recent 60% plus drop, I assume a lot of short covering occurred. With today's run up north of $10, I am wondering if the shorts are gearing up again. What do you think 5I and pls advise what % of float is shorted currently
Q: Good morning,
I am curious about HCG and its recent stock price rise.
If other banks/investors are taking a stake in this company by assuming responsibility for the mortgages within, how does this add value to HCG? I am assuming that the "insurers" are doing to collect the mortgage premiums.
Thanks
rick
Q: I am concerned about my allocations to the banking sector. TD accounts for 16% of my portfolio and BAC/WFC combination 7%. All shares were purchased during the financial crisis and I have done extremely well with that move. With TD's US exposure I could pare BAC/WFC or reduce TD or continue to hold them? All shares are in RIFs. I am a conservative investor. Dividend income is good.
Q: Good Morning
I hold a position in TMX which declared adjusted diluted earnings per share of $1.11 in Q1 2017, up 11% compared with Q1 2016and revenues of $186.1 million, up 5%. Cash flow from operating activities of $67.0 million, up 20%. They are also raising the dividend 11%. Any idea for the drop of 5.5% this morning? Do you suggest I hold or sell?
Thank you Marty
Q: The market isn't liking this second missed quarter. The price is now under the long-term trend (200 dma). What do you think about the quarter and switching for Manulife?
Q: I'm thinking of taking a large position in China using ZCH & XCH to cover both the Tech and Financial sectors, do you have any advice regarding China and these choices? Thank you!
Q: Could you comment on CXI's NR released today on the 2100 transaction locations? Sounds like a big deal and the stock is up but volume as per usual very low.
Q: Hi there
I see there is some questions still lingering on HGC. Notwithstanding your comments, your subscribers could have some interest in looking at this: http://www.visualcapitalist.com/chart-downfall-home-capital-group/
Also, On Patrick question, this my be of interest:
Q: Is there a case to be made for trading HCG with it sitting at current levels? I realize that your service advocates careful and balanced portfolio management but there do seem to be opportunities to harvest $.40/.50 cent swings.
As a second part to the question, do you see the company going to Zero or has it already bottomed out as CXR and VRX did before it with the short attacks. The underlying business seems better than it is getting credit for but perhaps that doesn't matter.
Q: I have held MKP for years. It has dropped in recent days in sympathy with HCG. Since it is a similar company, could it have similar issues? I also note that the dividend has risen to over 8%, another reason for concern? What action would you recommend for a holder of MKP at this time?
Q: Jerome Hass was Market Call, his comments, left me with the impression, that insiders were planning to privatizing this company. Is there no indication on who is looking at the company to buy?? Also, you stated to Ruby that the div. @ 81/2 % is risky, is that because the cash flow or the company could use the money to buy back shares. If they cancelled or greatly reduced the div. then possibly the stock would drop in value and make it cheaper for a buy out??? This seems to me, if any of this was true, would be very unethical, & would there not be some safe guards to prevent this Earl
Q: I was planning on adding to my position in GWO later on this month; should I buy today to take advantage of today's pullback? Any reason not to add to my position at all? This is a longterm hold for stability and dividend. Thank you.