…BOFI’s recent court filings confirm the existence of undisclosed subpoenas, nonpublic government investigations, including OCC investigations. Potential disclosure violations as well a “nonpublic SEC investigation” that BOFI references are examined…
SA is a den of shorts. It’s amazing the innuendo, libel and slander they get away with over there. At least this one disclosed that he is short.
Disclosure: I am/we are short BOFI. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
BTW, I have no opinion on BOFI beyond the fact that I don’t invest in banks.
I don’t invest in banks either, except for GS which is my personal proxy for a hedge fund.
I take no notice of it at all except when I can’t avoid noticing all banks are totally in the doghouse (not now!) when I add a bit more stock. As such, it has become rather a large holding.