BOFI - buying into the value...

BOFI Holding operates Bankofinternet.com - an internet only bank, ala ingdirect.  BOFI is growing leaps and bounds and trades at an amazing P/E of 6.  I have never seen a company with this type of earnings/revenue growth trade at such a paltry valuation.  Did I mention it is now trading at $1 below book value?  Earnings will be released on Wednesday and the CEO mentioned at a banking conference that about 50 cents was added to book value.  He basically let the world know they will be doing a nice 50 cent for the quarter.  Not bad for a stock now trading at $12.35 -


We are currently long BOFI...