LOK looksmart limited

rose by .24cps overnight, page-8

  1. 293 Posts.
    < LOOK is still a sell >

    LOL!!

    A check through the posts show that you were calling LOK a "sell" when it was @ $2.79c and it closed @ $5.75c here on the ASX yesterday. UP by $2.96cps or, a massive 106% since your prediction. (And no doubt it will go higher today).

    In the same time (I note) you have told the HC members (on the QTK thread) that you "bought all you could" (of QTK) @ $0.36cps, when you were at the Bong Bong race meeting. It struggled to close @ $0.17cps yesterday. Down by .19cps, right?

    You have persistantly told all of a "flawed" model Looksmart have, yet the Co have guided for increased revenues of between 26% - 28% for the Q4 period, ending this month. That's revenues of $15m - $16M for Q4. The SP (in the US) has risen from $2.91c and reached a recent high of $4.97c, (closing @ $4.88c overnight), since the end of Q3.

    Institutions have "doubled" their holding to over 56.3% (of issued shares) & all this has happened whilst you have been calling it a "STRONG SELL".

    My dad has over 30,000 shares in this Co and say he won't be selling any until it gets to $15.00pps and only a third of them, then.

    Yes, you advise that,

    This Yahoo 'deal' has no relation to Looksmart's "core" business whatsoever. Looksmart are now an Online Advertising and Technology Company that was only just upgraded by Piper Jaffray a little over 4 months ago.

    Perhaps all must have Looksmart wrong and YOU have it correct? Is that what you are saying?

    If you know little of the Co these days, I'll ask my dad for you. He is a genius on all things Looksmart. He writes to the Co on a regular basis and makes lots of suggestions to them, too.

    Good luck with your QTK's smuggler. I hope they get back to your "buy all you can" (.36c) purchase price, from Bong Bong races.

    LOK is a STRONG BUY.


 
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