I was looking through the PRO web site and noticed a sell on EBIX! I missed the reason to sell EBIX and could not find it on the EBIX Board. I would like to know the reason that I should sell EBIX because I am sitting on a profit of 21%! It appears that it is going up and up. A profit at any time is good but why do I want to take the EBIX profit now?
You will probably find more information on a PRO pick if you look on a PRO board, or otherwise within the PRO system. This is a public board.
It is fairly valued at this level, and I think there is still a 'bit of scepticism, since the article's last year accusing Ebix of aggressive accounting. The last I know, Jeff was planning to sell around $25. I am not a member at Pro currently, so this is only my take, from what I know currently. TC
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