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Ellie Mae, Inc. Message Board

  • hogdad999 hogdad999 Feb 22, 2013 11:06 AM Flag

    So where does it stop? What is a fair price for ELLI.............12? 10? 6? Look at Zillow

    There earnings aren't anything compared to ELLI but they are supposed to double next year. So, just that fact alone makes the stock go from 25 to 45? Based on hope? Sounds like they're giving the benefit of the doubt to Z but Elli is guilty before proven innocent. This is BS. What company do you know that beats top and bottom and raises guidance and then drops 20%?

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    • I have the same bewilderment about ELLI. I see no good justification for such a sharp drop after releasing earnings. Is there some very negative news that the public is not aware of? The only thing I can think of is that new home building has slowed, but I don't see anything that indicates a slowing in mortgage originations. I'm still hanging onto this stock long-term, but I do wonder how low will this go?

      Sentiment: Buy

34.99+0.06(+0.17%)Aug 22 4:05 PMEDT

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