Anyone try contacting EBIX IR? While I agree that a company should not have to respond to each short seller thesis, a 27 % loss in value is no ordinary day.
I e-mailed the company @ 12.05 central time. I asked if they were going to respond to the Seeking Alpha article.
Sentiment: Strong Buy
I will be shocked and loose faith in EBIX if the company does respond in some way to this move by the close of business tomorrow. At that point, I may fear the worst in that some of these allegations may have some truth.