Autobytel Inc. (ABTL)

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What I'm concerned about at the moment is the reverse split. First of all, delisting happened before and then the stock came back well above a dollar and ABTL got relisted. No big deal, nothing bad happened.

A reverse split is usually followed by a decline in price, and it's harder to get back to where they should have been. I really think that a reverse split just is not the thing to do. Coats is over-reacting. ABTL becoming ABTLE is not a bad thing.

As far as future prospects for the company, I still can't figure out how this company managed to pull in 40 to 50 cents a share annual profit when all they can manage now figures out to 8 cents a share annual profit. They probably made a lot more money on advertising before, and ad revenues are a big profit generators with low cost to ABTL.

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