lok - reasons for the run up......, page-2

LOOK finished "square" overnight in the US (@ $5.64) but was supported strongly, going into the close. 100 shares were sold, to bring it down. Volume was a little over the 3m average. The "ask" in the A/HRS (of $5.90c) is not exactly letting punters "get on".

LOOKSMART LTD (RT-ECN)
Symbol: LOOK
Last Trade: 5.65 3:54PM ET
After Hours Change: N/A
Today's Change: Up 0.01 (0.18%)
Bid: $5.35
Ask: $5.96

Inett shows (below) that following a "build up" of sellers @ $5.65c, they were then "hit" and the ask was taken away from buyer, up to around the $5.69c level and then, only a handful at that price, being offered. It was a good effort on a night many felt a "retrace" was "due" following the spike in the last two days, was a possibility. The equivalent value for LOK today in OZ (based on a current exchange rate of $1.41903 AUD) is an approx. $8.01c.

LOOK Stats Symbol Search
Time B/S Shares Price
15:54:17.282 B 100 5.6500
15:44:04.716 B 600 5.6500
15:41:37.066 B 300 5.6500
15:41:37.050 B 300 5.6500
15:41:37.001 B 100 5.6500
15:41:37.001 B 300 5.6500
15:41:36.989 S 100 5.6500
15:41:36.924 B 200 5.6500
15:41:36.924 B 200 5.6500
15:41:36.916 B 100 5.6500
15:41:36.895 B 100 5.6500
15:41:36.895 B 300 5.6500
15:41:36.875 B 100 5.6500
15:41:36.875 B 200 5.6500
15:41:36.859 B 100 5.6500
15:41:36.840 B 100 5.6500
15:41:36.840 B 300 5.6500
15:41:36.819 B 1,700 5.6500
15:41:36.807 B 1,100 5.6500
15:41:36.807 B 300 5.6500
15:41:36.660 B 800 5.6500
15:41:36.660 B 300 5.6500
15:41:36.637 B 1,700 5.6500
15:41:36.637 B 300 5.6500
15:41:36.623 B 1,700 5.6500
15:41:36.623 B 300 5.6500
15:41:36.456 B 100 5.6500
15:41:36.456 B 1,752 5.6500
15:41:36.456 B 300 5.6500
15:41:36.405 B 2,100 5.6500
15:41:36.405 B 300 5.6500
15:41:36.354 B 2,042 5.6500
15:41:36.354 B 100 5.6500
15:41:36.354 B 158 5.6500
15:40:58.606 B 100 5.6400
15:34:07.783 S 15 5.6400
15:21:05.023 B 100 5.6500
15:17:35.060 S 13 5.6400

cHEERS !!

:)
LC