Online bank First Internet Bancorp (NASDAQ:INBK) has fallen out of bed lately along with other small-cap and microcap stocks generally perceived as risky plays by the investing public. After the almost one-quarter (1/4) haircut since early March, the stock is now trading below book value and only slightly above tangible book value. Here I'm going to explain why investors have got this stock totally wrong and why the stock is now a screaming buy, possessing at least 70% upside by the end of 2015. Over longer time horizon, this stock can even be a multi-bagger.
INBK Has Entered A New Stage of Growth
Two or three months ago, I presented a long-term bull case for INBK. My core...
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