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Bank Of Internet Touted As "Next Big Thing"

|Includes: BofI Holding, Inc. (BOFI)

Recently , Motley Fool mailed one of their "next big thing" promotions and we patiently listened to it and found the stock they were pitching. They concluded the "likeability" of companies as a simple reason to buy their shares. They also had a disliked list which is pictured below:We think the concept is good, but they missed one big point: banks need capital to grow their deposit base. If they are undercapitalized, they will need to raise equity by selling shares or some other flavor of security that complies with banking regs as regulatory capital. Regardless, they may be on to something based on the trajectory of this company's share price as seen below: