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Ebix Inc. Message Board

  • qualitystocklover qualitystocklover Feb 26, 2013 10:13 AM Flag

    Reply from Investor Relations

    Yes - I bashed IR last week for not even addressing that I had sent them a note. I retract my bash as they provided me the following very professional response this morning. Clearly they are organizing a unified response to the Seeking Alpha and the Ambulance Chasing Turds:

    Ebix continues to operate on solid fundamentals, a prudent and honest management style and a desire to deliver maximum value to shareholders.

    We will be responding to all the unfounded allegations in detail soon. Shorting sometimes survives on manufacturing bad news, creating panic and a hit & run approach. While there are no rules that these anonymous bloggers are bound by, the Company must follow a studied approach of replying to any such allegations through properly researched answers. We intend to present an answer to the malicious allegations targeted at driving the stock price down for personal gain.

    We respect your faith in the Company and do not take any shareholder for granted.

    We are also evaluating all legal options to ensure that they are held responsible for their actions, targeted at hurting our investors and the Company for personal gain.

    Sentiment: Strong Buy

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