Stock Pick 12/15/06: BFLY

On Monday, Dec. 11, 2006, BlueFly posted its first million dollar day. In other words, by day's end, Bluefly customers ordered more than one million dollars of merchandise, a record in the company's history, thanks in part to I4 Commerce's "Bill Me Later" technology.

BlueFly (BFLY) posted a whopping 14.78% gain in trading today. Not too shabby.

Let's take a look at the facts:

• 86% Volume change in 2 days
• 996%Volume change in 1 month
• Only 13.7% Price change in 1 week
• OBV; MACD; RSI all bullish

At $1.30 Bluefly is a buy.