EBIX - Ebix Inc. Archives

Exited EBIX: 34.41% Return in 44 Days

Ebix Inc has entered into an agreement to be acquired by Goldman Sachs for $20/share. After the news broke (May 1, 2013), I recommended members to sell all EBIX stock and sold my position at $20.50/share. We were able to sell the shares at prices ABOVE the acquisition price for two reasons: The market believes… [Read More]

[Member] Recommending a Purchase of Ebix Inc Stock

Note: This is a position that we have exited now and was originally recommended to premium members. Please also note that subsequent to our exit, the Goldman Sachs acquisition fell through causing major declines in the stock. At this time Ebix is not recommended even at low price due to waning faith in the management… [Read More]