Atlanta partner on EBIX's stock rally
Atlanta partner Brink Dickerson was quoted in a March 26 Atlanta Journal-Constitution article about shares of the Atlanta-based insurance software firm EBIX rallying after its stock price plummeted after a scathing series of anonymous blog posts about its financial disclosures.
The post on the financial opinion website Seeking Alpha was penned by someone under the pseudonym of Copperfield Research who admittedly shorts EBIX stock, meaning he or she would gain if the stock falls.
“The shorts make a profession out of negative comments of the company,” said Dickerson, “independent of whether or not they’re true.”