looksmart crashes 10 percent

LOOK crashed to a new low post split low last night on large volume to $3.07

a 10% fall

Another in the sector warned last night it woud miss its Q2 guidance and was belted 16%


LOOK is now 5c away on a pre split basis of hitting its all time low.

that was 55c or $2.75 post split

all the warning signs have been there.....i hope people have exited

i feel its going to get real ugly now.

and remember the SBLC covenant......if taht is breached LOOK will be insolvent.