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AWvsCBsteeeerike3

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  • The New York Times Has Only Scratched The Surface On BofI Holding... [View article]
    I have a checking account at Bofi because, for me, it makes plenty of sense. I recommend them to anyone that asks. I was long Bofi a while ago and ended up taking out a loan with them for our primary residence. This wasn't a favor to the bank in which I was invested. I did it because they had the best rates. My wife and I shopped for loans at local B&M banks and found BofI to be about a quarter point lower with closing costs significantly reduced. That was about the only difference. All requirements/concerns/etc seemed to be the same. As a matter of fact, we were pre-approved for more at a local bank.

    There was a lot about this article I'd disagree with, but I'll leave it at that.

    Reading this article, I'm not sure if I'm in the minority of Bofi borrowers or if the author is just trying to sink the stock, but as both an account holder and borrower, I get the feeling it is the later.
    Aug 28, 2015. 09:23 AM | 4 Likes Like |Link to Comment
  • BofI Holding: A Bank Model Fraught With Peril, 65% Downside Based On 1.6 X Book Value [View article]
    Despite the overall tone of this article being godawful and bordering on that of an unprofessional, scorned lover, the content is pretty decent. As a checking account holder and former stock holder, I agree it is overvalued and they do make mistakes. As a share holder, that bothered me. As a checking account holder, their customer service is great, imo, and I prefer banking with them instead of a brick-and-mortar bank across the street from my office. Why? Because, as noted, it's financially beneficial and it's easier. I don't understand why everyone doesn't bank at Bank of Internet. Seriously, it makes no sense to pay more to get less at bigger banks.

    Anyway, back to the larger point of the article, I'd agree the stock is overvalued.
    Mar 19, 2014. 01:35 PM | 2 Likes Like |Link to Comment
  • Blowing up the well-entrenched pay TV model won't be very easy for Senator John McCain with the politician not even on the Senate Commerce Committee anymore observes AllThingsD's Peter Kafka. But if a la carte pricing were to ever become a reality, one network that has a lot to lose is Disney's (DIS -0.1%) ESPN. The sports channel lands a whopping +$5 per subscriber from providers while only 25% of those paying the bills say they watch the network regularly. Another way Disney could ultimately be exposed is through its piece of A&E Networks which is able to bundle many add-ons around mega-hit The Walking Dead to ratchet up carriage fees. [View news story]
    $5/subscriber but only 25% watch ESPN? So, they'd need $20 from every current subscriber that watches to break even, right? They have programming that has to be watched live, the rights to a boatload of events , and would also add customers that currently refuse to pay Comcast/DTV/Dish/etc just to get ESPN. I don't see them as losers from an a la carte deal by any means.
    May 9, 2013. 10:39 AM | Likes Like |Link to Comment
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