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Today is EOM day. Next month is EOQ month.
If it stays near low 5s for a few days in early June then there could be a window dressing spike next month.
Almost back to 5. Stock is swinging like Tarzan.
4.63. Someone dumped today. Let's see where it closes.
Today stayed above 5 on good volume == Strength, strong
Don't dip below 5. Instead give me a high 5.
Closed above 5.
Wouldn't mind seeing one of those ABTL's silly, typical PRs now with the stock about to break 5. The "Voted Best ..." PRs. Might just add some fuel to the rally.
Looking good buddy. Nicely up on big volume. 4.8 now on 123k volume
Will knock on 5 soon. Looks like.
ABTL frequently has these "4.00pm pop trade" right at close.
Based on today's action, me thinks we will see 5s soon.
And just yesterday I thought the stock was treading water at 4.16$.
Yes strong action on a negative market day. Finally some mojo for ABTL longs.
Looking good. 4.78 on good buying volume.
In the good ole days, one advantage of a push above 1$ barrier, was the possibility of psychological level traders jumping in and quickly pushing the stock to 1.2+.
Will be interesting to see what happens this time if the stock breaks past 5. Now the float and OS are much smaller. Could we surge quickly to 6s? Anything is possible with low float and momo traders. Finally, ABTL has some mojo, atleast for now.
Also daily chart trend looks very good after basing in low 4's for a long time. This might attract technical traders.
Let's see what next few days bring.
Nice trade.
Maybe 4.5 will be the new support. Let's see.
4.74 on good volume. Go ABTL.
4.64 now. Ooh la la.
If the stock doesn't gain/maintain mojo over the next few days then today's eager buyers/traders will likely be next week's sellers.
Yeah it feels like a long time to be in ABTL. I could have gotten a 4 yr bachelor's degree at a university in that time.
Might have some mojo for a few days. SA article was emailed to: 71 people who get ABTL real-time alerts, 116,543 people who get SA Tech Stock Report daily and 291,315 people who get Investing Ideas daily.
Wow. 300 shares traded in 12 mins since the SA article was posted.
Nice.
Let's see if SA can inject any life in this moribund mule.
Looks like someone did call 911. An article just got posted on SA.
http://seekingalpha.com/article/1450101-autobytel-an-auto-recovery-play-with-low-valuation-high-free-cash-flow-and-growth?source=yahoo
Call 911. The stock is dying.
Moi. I am a long time bagholder. Feel like I am a grandpa in terms of bagholding time.
Geronimo please post analysts' commentary tomorrow. Thanks.
Yes. Basically no dividend.
I think there were sufficient positives in the inline report to keep the stock above 4.
Geronimo will have hopefully updated us with analysts' commentary tomorrow.
Dividend question was asked again at the conf call. And we got the typical response. "Board considering options".
Atleast the topline increased. And so the stock will likely stay above 4 till next quarter.
Let's see how the conf call goes.
Almost moving at a geological time scale, but nevertheless analysts'expectations are slowly trending higher. Two sequential 17m+ revenue qtrs (last and current quarter) are expected. When was the last time we saw ABTL deliver that?
Without substantial topline/bottomline growth, the usual parade of analysts will continue. Which means, new analysts every now and then, initiate coverage with a buy on valuation and about 6 to 8 quarters or so later throw in the towel by slowly reducing price targets. Last 2 to do so were Craig Hallum and Roth.
If HE doesn't deliver in coming quarters, then I expect Ascendiant's Montana will likely throw in the towel too.
Remember, that a few senior management were let go and that helped the bottomline in recent quarters. Else there was nothing really here in terms of the bottomline, for most investors to be excited about.
Analyst's expected revenue numbers for last qtr and current qtr.
17.63M 17.12M
Source: Yahoo Finance.
Earnings call on Thursday/May 2nd. HE will probably be asked about the dividend and I expect HIS typical response. "All options are on table".
The Board's options and actions haven't produced any bloody good results for the last few years for the shareholders. Nasdaq QQQ at 70$ and we are struggling to stay above 80cents/4$.
GLTA for next Thursday. Revenues better be near 17m mark or else we risk breaking below 4.
New quarter for funds and ABTL didn't have much money flowing into the stock, based on volume over the first 2 days of April.
I'll be happy if stock keeps floating above 4$ till next earnings.
Coats has mentioned about doing minor acquisitions. He would be killing his golden goose if he spends most of ABTL's cash on a risky, big acquisition. So that gives me some comfort that ABTL's cash may be "safe".
YTD gains for ABTL, about 8% as of today's close, as stock closed near 4$ on Dec 31.
Moved up at close to finish at 4.34
Trading range looks to be buy near low 4s and sell near 4.3 for now as quarter nears end. Let's see where they close it tomorrow.
April will be a new game. Start of a new quarter.
No pop in price. Anti-climax day after yesterday's high volume day. Funds have till tomorrow to window dress the March quarter.
Might have a last hour push. As still down, despite high unusual volume.
Employee review on RMKR's new CEO.
http://www.glassdoor.com/Reviews/Employee-Review-Rainmaker-Systems-RVW2423948.htm
“New CEO, new strategy...turnaround is good for the "new" Rainmaker!”
Current Employee in Campbell, CA – Reviewed Mar 3, 2013
Pros – The executive staff finally has a clear vision and strategy for the company. Corporate headquarters is buzzing with new hires, new energy, and the overall company culture has picked up in the last few months since the new CEO came on board.
Cons – Employees still doing multiple jobs.
Or ABTL may surprise by announcing a dividend. Yeah sure.
The guy on the last conf call was making his case for a dividend.
Coats typical response was "Every option will be considered. Everything is on the table."
If it is any consolation to you stockdoc, I am in this stock since Craig Hallum first picked coverage many years ago. Their picks usually do well. This one did nothing. Except for 1 spike due to momo traders.
RMKR's official blog lists a lot of recent jobs.
http://www.blog.rainmakersystems.tumblr.com/
RMKR is hiring a lot of people. Looking forward to earnings on Monday.
Hello anyone else on board?