Looks some one has put floor on price today at 13.50. If this continues all puts below 13 will be worthless in 1 week specially expiring in sept. at this rate it will be nice to have EBIX buyback 10 million shares and improve earning by 20% without doing any thing else.
Good, the more shares short, the harder the shorts fail. The chicken man called the funding banks clowns. Pot calling a kettle black as I see it. He must still have a short position. I hope he loses the ranch.
RR should start buying and offer stocks at range of 30 to 35 10 million to shorts. Make a huge profit and distribute as special dividend to share holder. He should read history of Porsch car company. Why wait for some hedge fund or Birkshire and invite to make money, why not EBIX it self take advantge of potential huge short squeeze and make share holders money!