Tuesday, April 04, 2006

Autobytel.com is Worth a Look

Today I'm adding Autobytel.com to my watch list. I'm still optimistic about the Internet Sector as a whole, but I also noticed that their has been some insider buying lately. Although it's the CEO and a Director (I like it when the CFO is buying) it's still a postive development. It leads me to believe that things are either looking up, or maybe a buy? Either way, this is a long term holding. I'm hoping it will go up as the car buying season begins.

1 comment:

rochester said...

It's too bad that the company officers had to be essentially embarassed into buying their own stock. Likewise, it's too bad that they didn't show a bit more faith in their own company and buy more than a token amount of stock