Ellie Mae (ELLI) keeps on rising

[admin]

I noticed the turn this AM an I bought some. So far so good. Thanks for the info.

It was due for a bounce, that much was near certain. The worst case scenario is that it turns out to be an Apple situation, where the stock is pricing in lower growth than previously anticipated, but even then one can say that a considerable amount of that has been priced in already, it's difficult to imagine the growth slowdown would be so dramatic as to warrant a substantial further sell-off, as their business model is a thing of beauty:

http://seekingalpha.com/article/605901-w...-ellie-mae