To me at this point, it is not about whether the shorts are correct or not, but it is about whether I trust the management. I don't.Even if it is a great company with great potential, if you cannot trust the management, then why bother? CM is right on this...#1- always consider first the reasons not to buy a particular stock and #2- paramount is management quality. In the end, it's management that makes or breaks a company.The fact that EBIX remains vulnerable to short attacks is keeping me from re-establishing a position. I've taken two relatively small losses so far, which I am certain will prove to be the most profitable long run attitude, whether EBIX is forced out of business or returns to the high $20s. #3- we never need to be in a hurry to buy.-Randy, who nevertheless remains ready to buy; in the absence of further hard information, EBIX remains a $30 stock vulnerable to short attacks that will take the share price much lower than it is now.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat