I am just curious, does anyone think that the storm over the weekend will help BFLY's on-line numbers? With many people stuck at home, I wonder if more people would shop via the internet. Granted its just one region of the country, but one of the more affluent regions (compared to others)
The ONLY thing that EVER helps Bluefly's stock price is a statement by management that more of Soro's cash is on the way, and usually the date of a sales or earnings release. Unfortunately inbetween these events is a driftdown....this current 42% correction off the the high (and counting, hopefully not much more haha) is to be totally expected....since right now we're still up 385% off the 52 week low. I keep saying it, but someday this company WILL be profitable, maybe 4QTR04....and this big move has anticipated that....there were some BIG blocks of stock, bought in the 5's, but I think they were alittle ahead of themselves. This stock requires PATIENCE....it paid off for afew of us.