looksmart collapsing

the last two days has seen volume well in excess of normal volumes coupled with heavy falls closing at its lows of the day.

http://www.americanbulls.com/StockPage.asp?CompanyTicker=LOOK&MarketTicker=NASD&TYP=S

This site recommends get out of LOOK while you can and stay out of LOOK.

there are many questions raised by this fall,least of which

1.....has the SBLC been breached?


2.....have LOOK missed its Q2 numbers?

sure is looking ugly and close to touching its all time lows.

LOOK closed at $3.26 overnight.....equal to $4.41 on the ASX

and with its volume and falls.......could go sub $3 this week as well.