Can you explain why this is really great? Ill give you the opposite side. In the PR they made a huge deal about YoY Q4 rev being up 80%, right. Ok well in 2013 they gave total revenues of 127.5 to 129.0. If they do 127.5 that 31.88 per Q. Now tell me what is the % gain in revenue YoY Q4 2012 29.8mil to your 2013 average 31.88. Thats like squat. The stock will not tank for sure but this will head no where. There is no more 80% YoY growth. Its 18% if they hit. If volume drops forget it. Good luck man. Ill go short here 22.50. We will meet up days end tomorrow see whos winning.
Sorry that you are losing money on your short. Don't fight the tape. ELLI did beat expectations and is going higher. I suggest you cut your losses and go and find a better stock to short. ELLI's future looks bright.