Username Password
S&P 500: 1,340.35 Change: -0.84%
willishume
At least 5 active picks are required to calculate a P&P score.
Open
 
Closed
 
All
 
Commentary
BUY: EBIX INC (EBIX) Rating: 4
Start Price: $17.14
Points: +28.20
Created: 11/23/2009
After announcing a 3-1 stock split to take effect in early December, EBIX dropped more than 10%. I expect it to recover by the time the split takes effect.

1 Comment(s):

Author willishume     Date 2009-12-25 17:07:26
EBIX delayed its 3-1 split until January 4. Trading as of 12/25 at $51, I expect it to rise to about $60 coinciding with the split. If it reaches that objective I recommend selling for a profit; if not, I recommend abandoning the position by January 11.
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.

register
Sponsored Links