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larrybaz

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larrybaz

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Re: hweb2 post# 98436

Friday, 06/17/2022 8:28:07 AM

Friday, June 17, 2022 8:28:07 AM

Post# of 113999
EBIX - And the plot thickens:

Ebix has 'long history' of disproving shorts, says Craig-Hallum

TheFlyontheWall.com - Jun 17 08:24 EDT

Craig-Hallum analyst Jeff Van Rhee maintains a Buy rating and $150 price target on Ebix after Hindeburg accused the company of "fake revenue" in a short report. Van Rhee tells investors in a research note that Ebix has a long history of disproving the shorts, and sees this time as no different. He remains convinced of tremendous intrinsic value in Ebix's underlying business.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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