there was a cloud over the room with the recent death of Aaron - the investor relations man
along with a sense of non-verbal and shielded optimism - knowing new figures come out in early May
short squeezes can create significant rather surprising elevation of a company's stock price - could see a 20% or 30% or 40% lift in one or two day - there is no place for shorts to go - there is no surrendering - they have to buy - the important measure is to try to remember not to sell too quickly - maybe hold at least until Ebix's "ratios" catches up with the industry including (factoring in) all of the recent big big news
dito - some maybe longs sold - maybe some to pay taxes -
long may hold now for greater payout later - remember - the shorts must buy -
do not rush to sell - I suspect more big positive news is soon to come - and then the run up
you have captured the important question - how long does one wait ?
how many times does one ask the same gal out for a date ? how much is that doggie in the window ? I say sell now if you want - yet big rewards may be forthcoming if you can forestall -
need have funds to put on other baskets too - see what VRX did yesterday ?
seems that RR lets the performance speak and not toot a horn - the quiet mouse gets the cheese maybe - and since buyback favors management ( I think that is the case since they then own more of the float ) why not have success and keep it low keyed so to not have the share price rise - wind the spring so so speak - quietly - then throw the switch and bingo the pop a roo - the flood gates open and the dollars flow
maybe just don't know the insides of the problems - yet seems like someone thought it was a good company - they loaned much money - and they do have revenue - what am I not knowing ?
I tend to agree - how can this be such a horrible company - it cannot be fraud ridden - it has good products many many many customers - and much revenue -
When the wash out is over - we may find the books are not in as bad a shape as the trouncing suggests -
they could not have fooled everyone - they would not have been able to borrow the money if the figures were wrong -
isn't this under-priced ?
I like the increase on lower volume - means a hotter seat for more shorts - might have a summer pants cookoff - and the next soon-to-be-news put us to $45 - $48 - so shorts need to stock up on burn cream - as well as cover -