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MCAN Mortgage Corp (MKP-T) opinion on 2012-12-28

Last Price Recorded: 17.3300 on 2017-11-17

ON STOCKCHASE SINCE Oct 2009

finance/leasing
TOP PICK

James Hodgins
MCAN Mortgage Corp was $14.090 at time of opinion
Owned : Yes

Shorting Canadian housing with Home Capital Group (HCG-T,) and Genworth MI Canada (MIC-T). Is a little bit early but he has seen the housing bubble build and believes it has now peaked and is now on the downside. If right and Canadian housing prices fall 20%-30% over the next 2 years, then these companies are not going to just be at risk of earnings but also at risk of solvency.

BULLISH on PRECIOUS METALS

All opinions for MKP-T (18)

6 BUY
6 COMMENT
1 HOLD
2 PAST TOP PICK
1 SELL ON STRENGTH
2 TOP PICK
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All opinions for MKP-T (18)

6 BUY
6 COMMENT
1 HOLD
2 PAST TOP PICK
1 SELL ON STRENGTH
2 TOP PICK
View All

More experts covering MKP-T

SAVE
Add MKP-T to Watch List

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