PPR (Pocket Pivot Review): EBIX

Published : September 20 2010 at 16:27 ET

EBIX (Ebix Inc) showed a pocket pivot today which coincided with a base breakout.

Interestingly, short interest is incredibly high in this stock, so this could create a short squeeze in the stock. As of August 31, there were just over 11 million shares held short, or about 40% of the float.


Fundamental Snapshot:

#8/197 industry groups (Computer Software- Enterprise)

Pretax Margin 40.8%

ROE 29.9%

Earnings acceleration (last 3 quarters): 5%, 39%, 50%

Robust sales (last 3 quarters): 55%, 53%, 44%


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