Here is why we didn't sell ELLI last week (although we didn't see the steep sudden fall as collateral damage to the LNKD and DATA earnings disasters coming either). We argued ELLI has a history of large beats. How about this one..
- Ellie Mae (NYSE:ELLI): Q4 EPS of $0.44 beats by $0.23.
- Revenue of $64.9M (+39.3% Y/Y) beats by $3.55M.

