It’s been a very long time since I’ve looked at a teaser from the Motley Fool’s Hidden Gems service — that’s the “small cap value” newsletter which used to be run by Tom Gardner. It’s now edited by Andy Cross over at the Motley Fool, and has dropped some of the “value focus” but still looks for small stocks — the Fool has lately been focusing most of their promotional barrage on their flagship Stock Advisor letter at the low end and on their uber-expensive portfolio and advice services on the high end, so the teasers have not been flowing for the other newsletters that used to be well represented in Gumshoedom.
But now here we go, another “Hidden Gem” — and it so happens that the stock they’re teasing is related to another stock I’ve been meaning to take a look at, so I thought I’d dig in for my favorite folks, the Irregulars.
And no, I won’t make you sit through the whole teaser dissection if you don’t want to — the stock is BOFI Holdings (BOFI), the parent company of Bank of Internet, a San Diego-based internet-only bank. So with that out of the way, let’s dig into the teaser pitch.
“Subprime mortgage crisis… credit defaults… interest rate fixes. Even combined, they’re nothing compared to this hush-hush conspiracy only whispered about in big banking’s lavish private suites.
But here’s the kicker — buried in this cover-up is a unique $20.8 trillion moneymaking opportunity. And early in-the-know investors are already using it to turn the tables on big banking. While making some immediate, real profits in the process….
“At one point in your life, even if only for a moment, you regretted NOT investing in one of the three following companies. Or if you did invest, you wish you’d done it earlier…
A) Retail giant Amazon.com (+17,255% since IPO)
B) DVD renter and movie streamer Netflix (+1,851% since IPO)
C) iTunes juggernaut Apple (+14,101% since IPO)
“The one thing those companies all have in common is they found a traditional industry, took it online, and started knocking their stone-age competitors off like dominos….
“Life is all about second chances (and sometimes fourth chances).
“And as I’m sure you know, those chances don’t come along very often. In fact, they may NEVER come along. But when they do, you better grab them. Quickly. ...