Autobytel Inc. (ABTL)

[confusedtrader]

Regarding getting acquired, ABTL has been considered a candidate since a long time. I have followed the stock since 2004/2005 and nothing has happened. Only recently at the B R Riley conference did Coats hint about selling the company and the high costs of being a public company (for one of ABTL's small size). That is a positive. When will the sale occur no one knows. Ironically, if the stock goes above 1$, Coats might decide not to consider a sale. The longer it stays below 1, the higher the odds of a sale, I feel.

My biggest worry near term is the R/S. Hope the sale occurs before that.