Autobytel Inc. (ABTL)

[confusedtrader]

The market/investment funds is telling us it is not impressed. Top line hasn't grown meaningfully in a long time. Revenue has touched 16m now with the help of acquisition.

Operating expenses remain high. Steve Dyer threw in the towel finally after having ABTL on the alpha list for a long time. Stock didn't move much from his 1$ initiation a few years ago (except the spike to 1.5 last year which was more due to momentum traders piling on that particular week of the spike).

http://www.chlm.com/Steve_Dyer-51.cfm

Stock is cheap. And can double from here if top line increases meaningfully. Will we see a 18m revenue qtr? That could be a big positive.

Need to be super patient.
Also hope Coates doesn't do any crazy acquisitions.