I once bought stock in EBIX. Not too long after I purchased I woke up one day to find the stock down 50%. An anonymous poster on Seeking Alpha had written an ar

I once bought stock in EBIX. Not too long after I purchased I woke up one day to find the stock down 50%. An anonymous poster on Seeking Alpha had written an article claiming massive accounting fraud at EBIX. There was massive short selling that morning. After following forums and news on EBIX it appeared that there likely was not fraud. The stock would slowly recover, and then another hit piece followed by short selling would massively drop the stock again. This went on for a couple years. There never was any fraud. I sold the stock and swore off buying individual stocks. I’m 100% convinced there was illegal trading activity. Many people in the forums wrote to the SEC about it. The SEC never did anything. It also seemed like this goes on all the time.