Thursday, October 25, 2007

Paper Trader: Is Bluefly, Inc.(BFLY) on a path to recovery?

BFLY has been on a decline for at least half a year. The truth is, whenever Mr. Soros' own Bluefly falls below $0.90, I have a hard time supressing my excitement to papertrade again. Today, I'm putting down 5000 shares of BFLY at $0.87 ($4350).

Target: $1.20 ($6000) GTC until December 30th, 2007

Why? Why not! Shopping season's coming up.

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