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$3.85!
On a positive side, Bids keep racking up. At some point somebody will start hitting that Ask.
Would be nice if we broke out from 3.75 today.
Mostly on a sell side. Will wait for financials and forward guidance to make a deceision. Analyst's upgrade would be nice!
Yeah. We need to get over that hump $3.75.
An analyst said there was not much downside with ABTL. And now, when we're officially regained compliance, I see no reason we should not be going up. 3.60 sure looks like bottom.
I beleive company itself is not finished with buy-back. I heard from some poster that there are restrictions on buy-back after R/S, so once restrictions off, we may have a boost.
I hope we have some upward movement soon. Now, Coats only need to not disappoint with numbers or give us positive forward looking statement and we may fly.
Now is the time for Coats to step in and spend his (ours?) 50K for ABTL stock. IMO it would have given bigger boost than buy-back program. It's easy to spend 2 out of 10M of company's money, but when it comes to your personal wallet - action speaks louder than words (PRs). Do it Coats!
Finally, for the first time in a long time we... did not tank on Friday and actually closed green! Here is for great Monday!
How much of ABTL do they own? 1 and 2 shares respectively? :)
I think it's a fact that companies often offer their top execs to "resign" instead of being "let go". Could be Coats cleaning the house?
ABTL is severely oversold and with one or two positive developments we should be north of $5. Don't forget about consensus analyst's target of 6.5 as well.
Picked up some more today. Hoping for good quarter and common sense :)
We can only dream.
Any "guesstimates'?
So, what are we waiting for? When is the next earnings report? Aug 2?
Want to see this quarter. Hope they improved their advertising revenue from previous one.
What's interesting is how much more money left for buy-back? Would be nice if company itself facilitated some post R/S run that I've seen so many stocks had. Like I said R/S is only dangerous if it's done for "death spiral" financing purposes. Has nothing to do with ABTL.
I like this volume. Let's get moving! UP!
Leggo! Gimme $5!
I have hope that we start moving upwards post R/S. Saw numerous stock did the same. Some funds with $1 or $2 limits for purchase may jump in.
The company is clearly going BK. It's losing money every quarter and relies only on loans from outside. Totally understand people dumping.
P.S. Where is sarcasm font here? :)
I see what you did there ;)
Indeed. I missed action like that on ABTL. Hey, hopefully we go even higher tomm!
Perfect summary of nonsese when it comes to ABTL. Inexplicable.
At this point I'm like "whatever" with regards to ABTL.
Feels like it's going BK the way it trades. There is no interest in owning a stock whatsoever. Sad.
Yawn. Typical ABTL morning. It seems to me that earth will stop it's spin if ABTL goes up one day. Such a depressing stock...
Flat or Red. Nothing new with this POS.
What a joke!! Please give me some spike. I want to get rid of this moneycow... for executives.
One experienced day trader told me once: "If you can't short the stock, it will never go up"
You said it, doc. IMO the main good out of R/S is meeting the limit for some funds to get in.
You have to understand that R/S is dangerous if the company is in death spiral financing. That's a killer. In ABTL's case R/S was done with sole purpose of meeting NASDAQ's minimum bid requirement. ABTL does not dilute and that shouldn't be a problem going forward.
Looks like it really was priced in. Stock holding up and may even move up.
Let's see what happens next. We need to get over that hump (.77-.78).
We're cooked. I really don't know what should happen for ABTL to move up. It's either flat or down. I'm very tired of it.
God I hate this stock. Either flat or down, no other way.
Doc, do you remember when they started buying its own stock after buy-back announcement (first time)? So far I don't think they started second phase.
I must tell you, watching ABTL is like watching paint dry. It's either flat or down. Yawn.