Autobytel Inc. (ABTL)

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Autotrader says they're going to use the money to repay debts, so ABTL looks like a no-go. They crappy thing about this is that we all can guess that the IPO will go over well, and their stock will make money for them and the shareholders. However, Autotrader is in debt, they have to float an IPO or they could be in default.
ABTL has cash, and is cash flow positive, and their stock's stumbling around like it's brain dead. Where's the justice in all this? Sounds like ABTL is in a lot better shape than Autotrader.

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