Bofi Holdings (NASDAQ:BOFI)

Excerpt From GeoBargain & GeoSpecial Review article, November 17, 2009.

Bofi Holding Inc (NASDAQ:BOFI) Closing Price Nov. 16, 2009: $9.90

• Added to the GeoSpecial List on November 3, 2009 at $8.40.
• Reached a high of $11.49 on Nov. 12, 2009, an increase of 37% since placement on the list.

Bofi, an online banking company, bypassed the global economic crisis by posting solid EPS gains through 2009 and into its fiscal 2010 year. The Company’s stock is selling under its book value per share of $10.48, a fact that is a bit disconcerting given the bank’s conservative nature and stellar long-term track record of EPS growth. See our full article.