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BofI Holding, Inc. (BOFI)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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26.37-0.41 (-1.53%)
At close: 4:00PM EDT
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MELIPRLBSHOPELLIMIDD
  • a
    asif
    asif
    BOFI in Amazon of banking industry. You can't figure out potential of such company based on just numbers. You have to see the story of the business model. Every single dollar of Deposits comping in BOFI is profitable at day 1. Whereas in conventional banks the a branch is profitable at certain amount of deposits and then it crosses the break-even point.

    Don't forget that the number of employees of BOFI will cap (or increase at slow pace) at certain deposits $ and after that the marginal benefit will be unmatchable in the industry.

    Assets book is clean and invested in the long term sustainable assets like Single and Multi Family mortgages at average LTV of 50%. No investments in derivatives etc that bring losses when market crashes.

    Management is buying back its shares. A positive indication that MV is below its intrinsic value. This action of management brings more value to existing investors.

    BOFI will be a solid investment for next 5-10 years and time will prove it.
  • H
    Healthy
    Healthy
    They still allow idiots in the room?

    3-Month performance:
    MSFT up 7%
    AAPL up 3%
    GOOG down 3%
    JPM up 8%
    BAC up 3%
    (drum roll please, ... and the winner is ...)

    BOFI up 13%

    Question #1: Is it ethical to make money at the expense of slimy, fraudulent shorts that post on this board?

    Answer: It's not only ethical, it's fulfilling!

    Question #2: Does anyone feel bad for these slimy, fraudulent shorts?

    Answer: No
  • D
    Dustin
    Dustin
    Big battle for $28 here....
  • Y
    YoYoPedro
    YoYoPedro
    Shorts are on it hard again.
  • c
    crazy
    crazy
    sell panic sell panic sell panic sell panic
  • c
    crazy
    crazy
    sell short now, the end is near!
  • M
    Matt
    Matt
    Don't you think this stock is insanely cheap?
  • A
    Alex T
    Alex T
    NASDAQ recently published fresh short interest data (by July 31) - 25.45M.
    We can see that the number of shares sold short decreased very slightly even after earnings report.

    From what I see from my broker's data showing number of shares available for borrowing, short interest probably decreased by 300-400K shares, but still fluctuate around 25M. So we have plenty of space for short squeeze )
  • H
    Healthy
    Healthy
    Suck on this Toothy ...

    BofI Holding, Inc. (BOFI) ("BofI"), parent company of BofI Federal Bank, announced that BofI has been recognized as one of the top performing banks in Bank Director’s 2017 Bank Performance Scorecard. BofI placed 2nd out of 117 banks and thrifts traded on the NASDAQ OMX and NYSE exchanges with assets between $5 and $50 billion. This is the third consecutive year BofI received a top-5 ranking in Bank Director’s Bank Performance Scorecard.
    Bank Director publishes an annual ranking of the 300 largest publicly traded banks and thrifts based on five metrics that measure profitability, capitalization, and asset quality – core return on average equity (ROAE), core return on average assets (ROAA), the ratio of tangible common equity (TCE) to tangible assets, the ratio of nonperforming assets to total loans and real estate owned, and the ratio of net charge-offs to average loans. The 2017 Bank Performance Scorecard is based on 2016 calendar year data.
  • K
    Koko
    Koko
    i made profits good enogh to buy a brand new mercedes.
    but, i want to buy a house with profits from bofi.
    give me about a year.
  • S
    SAM
    SAM
    just wondering can shorted shares be loaned out again after they are sold?
  • P
    PM
    PM
    Any idea as to why premarket Bofi is up 3% with no news ? May be usual volatality by the market traders
  • M
    Mark
    Mark
    Timing volatility on a thinly traded stock like BofI is risky but the long view is clearly up with above market returns over several years and lots more to come. I converted several K shares from IRA to Roth in early 2016 when it was trading in the low $17s and now have a 60%+ tax free gain. Did the same in June of this year when the shorts drove it down to the $23 range and that account is already up nearly 20% tax free gain! Long is a no brainer with BofI.
  • T
    Toothyjew
    Toothyjew
    Like taking candy from a baby....
  • M
    Moneyman
    Moneyman
    I went long today...let's see what happens
  • t
    tr
    tr
    hey toothy. I am riding 10,000 shares long with a cost basis of $17.36. What is your position? Let's see who comes out of this transaction better by the end of the year.
  • M
    M.
    M.
    I think we will see this stock move up over the next few weeks, the shorts are going to be covering less they lose even more money, now that they have no bombshells around the stock will stand on it's on merits
  • n
    noah
    noah
    Need this to go up tomorrow.. and the next day... and the next...
  • K
    KingMR
    KingMR
    The handle on the cup is forming. Fasten your seat belts.
  • L
    LongDistance
    LongDistance

    One of the short manipulator's interviewed on SA.
    Have fun in the comments section guys.

    https://seekingalpha.com/article/4091394-pro-weekly-digest-inside-mind-short-seller-friendly-bear

    PRO Weekly Digest: Inside The Mind Of A Short Seller With The Friendly Bear
    Unicorns, being patient with a short thesis and the value of short sellers are topics discussed and The Friendly Bear shares a compelling bullish and bearish th
    seekingalpha.com