I love this stock long. This bank is fulfilling the promise of the 'internet opportunity' perhaps better than any other financial institution. I expect to hold this stock a long time as it continues to exploit its vast potential. For long term holds I always look more at fundamentals and I think that's where BOFI really shines.
I would guess they might split at $150. Maybe never. There are only about 1.7 M shares of Berkshire Hathaway A. They will wait until they can use the publicity, but they don't need it now. Every time the market cap goes up a bit, BOFI pops up on a new stock screen. What happens
when the market cap goes over the 'magic' 1 Billion mark? The bigger the cap - the bigger the players who are getting in.
We have tons of new buyers coming on board these days and plenty of short interest to burn through. Every time I look at that short interest I snicker a bit. It reminds me of another of my holdings (PRAA).