Ebix Inc (EBIXQ)

[Stockexpertpro]

EBIX Trading under book value profitable cash flow positive strong earnings growth. Company was going to be taken private just last week by Goldman Sachs the BEST on Wall Street they had to do Tons of Homework and DD before EVER Making a buyout offer to take EBIX Private. Stock appears to be bottoming out down here its making higher lows and higher highs should be back over 10$ this week Chart below it got slammed after a probe was announced into the company but anyone can start a probe dont mean its going to turn anything up i view this as a buying opt the company just announced a Share Buyback as well and is currently over 30% sold short so a short squeeze canidate as well I personally think that anyone selling at these prices is nuts and dumber then hell