A holding company for Bank of Internet USA that provides consumer banking services, focusing on gathering retail deposits over the Internet and originating and purchasing multifamily, single-family and home equity mortgage loans.
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stock market winners screen. good business plan and mgt- potential 4-bagger.
I went ahead and put real money into this one. I've been looking at banks for several months, thinking either a regional bank off of my screens or KRE or WFC. BOFI came up on my screens yesterday (I run them once a month and buy/sell 0-6 stocks at that time, then go away for a month). I hadn't heard of it before, but the savings and, thus, competitive edge, in not having physical locations gives this the chance to grow exponentially.