Internet Stock Review Adds Ebix (EBIX) $39 to Watch List. Short Squeeze Coming? Price Target $110.
*Short Squeeze Alert. *Adding Ebix to Internet Stock Review Watch List – After Viewing From the Sidelines for 10 Years! *One of the Top Performing Stocks in the Past Decade Trading From $6 to $86 – Ebix has experienced rough sledding from 2018 (see charts below). *Competitor iPipeline Acquired at $1.6B, or 20x EBITDA. Equates to $143 on EBIX. *Broker Craig-Hallum Issues $110 Price Target (see below). *2nd Quarter Revenues Rise 16% to Record $144 Million. *Conference Call Transcript. E*bixCash IPO Could Spark Raging Fire Trapping Short Sellers.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.