BOFI's business just keeps getting better n better, but it's price is being dragged down by the lawsuit (which seems to be amounting to nothing?).
It's PE ratio is around 11 and PEG close to 1. It looks like a value stock, except without the lawsuit it's a high growth stock.
I'd like the price to drop into the mid-teens, but with its business getting stronger I just don't see it (unless the lawsuit amounts to something).
I notice Blackrock and Vanguard loaded up on more shares on March 31st (according to Nasdaq), the price was around $26.
I am tempted to buy "when there's blood on the streets", but I am concerned there may be more blood next year (not cos of the business or valuation, just the legal drama), lol.
Anyone following BOFI here? Food for thought?
Submitted July 02, 2017 at 05:49PM by SillySausage87 http://ift.tt/2tBIqJ3
