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Ellie Mae, Inc. Message Board

  • c110551 c110551 May 14, 2013 3:42 PM Flag

    Wow, this thing can't rally on......

    .....a day when the market is up over 100 points! What gives?

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    • This is one of the oddest stocks I follow. Some of the smartest investors I follow state ELLA is an extremely strong buy-- as well as my own independent analysis of its latest earnings report, and CC. This baby is cheap even with a conservative multiple and growing fast. It is in the tech and mortgage sectors, both very hot now. It is destroying the competition, and its user base is growing fast. I've even used its automated software-- and was very impressed, which was why I bought shares to begin with. Anyway, I'm trying to figure out what is going on with the share price myself, and while I know some large funds are attempting to shake out the weak hands, in order to jack it up later, I'm still surprised anyone is selling, and it goes down at all. I just had to buy another block at the end of trading today, and consider it easy money coming my way in the near-term. Trust me, one morning you guys are going to get up and see ELLI trading up huge when you least expect it!

      Sentiment: Strong Buy

101.31-0.65(-0.64%)Oct 21 4:02 PMEDT