Report Criticizes Insurance Tech Firm Ebix’s Financials; Firm Refutes Allegations

February 22, 2013

  • February 22, 2013 at 1:17 pm
    Dave says:
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    Gotham City Research is likely to be the same people as Cooperfield Research. Both are anonymous writers with no trackable credentials. Seeking Alpha no longer publishes Cooperfield articles, only their blog. Gotham City needed to be created to publish their articles. Only articles, not blog writings, can be circulated in the news and quoted in other articles. They use half truths to state their case. A half truth may look plausible at first glance, but a half truth is still a lie.

  • February 22, 2013 at 2:11 pm
    acsrcic says:
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    From an account manager standpoint–working with EBIX on certificate compliance is a complete nightmare. They cause us more work than the mortagage companies and contractors.

  • February 22, 2013 at 2:46 pm
    J says:
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    Its almost certainly a short attack. This LLC was formed less than 2 weeks ago, with domain name registration occuring at the same time. There is nothing to give any credibility to this ‘Research’ firm. It takes all of 5 minutes to gather this information.

  • February 22, 2013 at 6:31 pm
    Idiot Slayer says:
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    It is truly amazing how a blog from some unknowns can put out such an unsubstantiated report and due to their inside contacts at bloomberg, have it regurgitated like it was something credible. Then every other mindless jouralist report on it. What happened to real journalism and real research. If it were true, a real journalist with credible resource could “expose” the truth. Even the so called SEC investigations where nothing more than regular SEC correspondence about dotting i’s and crossing t’s.

  • February 23, 2013 at 1:04 am
    Anonymous says:
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    There was also a great increase in buying of put options just prior to the stock decline. This is because the put options have embedded leverage and therefore can gain a much higher return from a stock decline. If the SEC were inclined to prosecute fraud (unlikely) they could determine which brokerage and account was responsible for this market manipulation and lock up the fraudster.



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