08-09-2013, 06:26 AM
Well, ELLI has now officially joined the SHU double club, from the $15 were we advised to buy last year to $30+ now:
Ellie Mae soars, Bloomberg reports company considering sale
- Three sources tell Bloomberg Ellie Mae (ELLI +11%) is "considering a sale and has interviewed banks to manage the process."
- Ellie Mae, which has jumped to new highs on the news, reportedly might start "soliciting bids in the next two months."
- The mortgage origination software vendor saw its shares take off last Friday thanks to the strong Q3 guidance included within its Q2 report.

