Autobytel Inc. (ABTL)

[confusedtrader]

Almost moving at a geological time scale, but nevertheless analysts'expectations are slowly trending higher. Two sequential 17m+ revenue qtrs (last and current quarter) are expected. When was the last time we saw ABTL deliver that?

Without substantial topline/bottomline growth, the usual parade of analysts will continue. Which means, new analysts every now and then, initiate coverage with a buy on valuation and about 6 to 8 quarters or so later throw in the towel by slowly reducing price targets. Last 2 to do so were Craig Hallum and Roth.

If HE doesn't deliver in coming quarters, then I expect Ascendiant's Montana will likely throw in the towel too.

Remember, that a few senior management were let go and that helped the bottomline in recent quarters. Else there was nothing really here in terms of the bottomline, for most investors to be excited about.