Envoy Capital ECGI soared as much as 30% yesterday.

The only story I could find that is recent is just a technical analysis of the stock yesterday. I looked at Yahoo and Google's finance pages and didn't see any press releases. The only new thing on Google's page was actually a discussion of my article I did on them months back in the discussion section. Nothing on Envoy's website either. The only news of any substance has been the recent quarterly results which weren't that great. In the meantime, I really don't like the merchant bank short-term.

full disclosure: no position in Envoy Capital ECGI