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Sunday, August 11, 2019 10:34:22 AM
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.
http://internetstockreview.com/short-squeeze-coming-to-ebix-ebix-39-price-target-110/
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