LOK is going to get hammered yet again this morning. By my calcs it will get to 16c or lower based on last nights US close.
I don't normally post meaningless messages like this, however, I was incensed at the recent barrage of "bull...." posts on this subject lately. For example, a poster by the name of markco claimed that LOK/ LOOK was trading on an 8.14 PER. This is blatant crap.
There is more downside to come, especially in this market. However, I believe the stock is a buy at about US$1.50 for LOOK or 12c for LOK (imo).
LOK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
