****Disclosure: Long stock - (may buy or sell at anytime)
BOFI - parent company of Bankofinternet.com did indeed come through at 50 cents as the CEO hinted during an investor conference last week. Growth in their mortgage origination business and deposits lead the highlights of the quarter. I picked up a few shares during the market blood bath in the past few days and sold a few into todays earnings spike. The stock was up nearly 20% at one point. This company is an exciting franchise and still - by far - my number one pick.
****Disclosure: Long stock - (may buy or sell at anytime) Comments are closed.
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Paul SaadSenior Manager, Paul Saad and Associates, LLC Archives
May 2020
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