Autobytel Inc. (ABTL)

[confusedtrader]

I bought quite a few shares near 1.02 pre R/S. Still holding them as stock is cheap. That money is locked for awhile now. Opportunity costs are part of trading, especially in small caps which lack the benefit of using options to offset losses. Have learnt to live with this fact. I devoted only a small portion of my portfolio to ABTL, initially near 1.02. Now I buy a few trading shares when the stock reaches 3.6 (0.75 pre R/S) and sell on a bounce. I use IB as a broker so commissions are quite cheap.

Happy Xmas season to all.

Always diversify no matter how tasty a stock appears. I have suffered strong food poisoning from stocks that I thought were the tastiest. The feeling of having your money locked in a small cap stock is unappetizing. A misstep by management in a small cap company can be deadly for shareholders. Have learnt it the hard way. In fact one of my first posts on this ABTL board, many seasons ago, talked about the need of diversifying.