$BOFI (Bofl Holding) tanked -30% today on a New York Times article that reported that one of the company's former auditors believed the high flying online bank was conducting fraudulent activity. We watched the stock bounce from the intraday low of around $100 and saw that it was consolidating in the $107 area. $BOFI was defended by an analyst and management stated that the alleged wrongdoing was completely false by stating the OCC (a...
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