< Accumulation continues, IMHO. A SP of .85cps (or, more) by the close on friday will confirm MY continued accumulation theory, at least for me. >
< So, I'm suggesting a couple of Volume days between now & friday and getting back to (or, above) that level once more. (And closer to that $1.00pps nasdaq requirement). >
Overnight, we did get the required volume, (that I have aluded to in previous posts) with Volume: 2,487,890 (Avg Vol (3m): 865,977) and a trading range of $0.77 - $0.95. The share price was 'dragged down in the last few minutes (once again) to close @ $ $0.911cps
The .95c HIGH (for LOOK) equates to an apporximate of $1.24cps for LOK shares here in OZ. ($1.30153 AUD). LOOK will get through the $1.00pps level shortly, IMHO.
Name Looksmart Ltd
Last Price $0.9390cps
Net Change +0.1490c +0.0280c (AH)
Previous Close $0.7900c
Percent Change +18.86% +3.07% (AH)
After Hours Trade Reporting Tuesday September 13
After Hours Last: $0.93c After Hours Best Bid: $0.90c After Hours High: $0.94c After Hours Volume: 3,800c After Hours Best Ask: $0.93c After Hours Low: $0.93c
After Hours Time (ET) After Hours Price After Hours Share Volume 16.15 $ 0.93 3000 16.13 $ 0.94 500 16.09 $ 0.94 200 16.07 $ 0.94 100
This post (from Yahoo) from a 'newbie' to the board does support my theory of accumulation, too.
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whoah, see that?? by: fleeflng Long-Term Sentiment: Strong Buy 09/13/05 03:21 pm Msg: 150037 of 150073
.87 support got smashed by the shorts but IMMEDIATELY built up again! Mega accumulation going on at .87, this should frighten shorts that remain. Looking forward to the last half-hour-covering.
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:) LC
LOK Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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