< You ain't seen nothing, yet!!!! But MHO, of course!! >
Overnight, Looksmart was closely "kept" below the $4.95cps level and sold down any time it looked like getting anywhere near that price. By 3.05pm, a total of less than 21,000 shares had been traded. (3 month average=120,000 daily).
A "WALL" of some 23,600 was firmly placed @ $4.96c all day, to frighten silly shareholders into selling and any prospective (other) "sheep" from buying. With a half hour to go, it was reported on Yahoo:
< Volume just went from 21,139 to 70,212 in the space of 5 minutes. One sell of 23,000 at $4.96 was taken out in one hit. >
The SP quickly got to $5.01cps before being dragged down in the last half hour, to close down, @ $4.89cps! Again, it was reported:
< They worked it beautifully, got it back down to $4.89 with less than 6000 shares. Closing volume was 79,228. >
Need I say any more? Oh ... A Co called MAMA (& a partner of LOOK) announced news of putting a video meta search link to their front page.
Let's just look at just a few comparisons ..... MAMA and LOOK - (as per Q3 reports)
LOOK current Market Cap of (@ $4.93c) $113M
MAMA current Market Cap of (@ $4.28c) $61.38M
LOOK current CASH $42m - MAMA current CASH $8.5M
MAMA Revenues in the third quarter of 2006 were $1,891,068. ( 21% below the $2,390,634 revenues for the same period in 2005).
MAMA Revenues for the nine months ended September 30, 2006 were $6,029,981. (23% below the $7,805,543 revenues for the same period in 2005).
LOOK Revenues in the third quarter of 2006 were $12.2m and up from the previous period.
LOOK will do (as guided) $15M - $16M for Q4 and MAMA guided for, how much? lol!!
http://biz.yahoo.com/iw/061114/0184027.h...
MAMA rose by over 80% today, on the "news" ....Just wait until they announce LOOK's news .....With Insto's now owning over 13M of the 22.8M issued shares!!!
MAMMA.COM INC (NasdaqCM:MAMA) Delayed quote data Edit Last Trade: 4.28 Trade Time: 3:51PM ET Change: Up 1.91 (80.59%) Prev Close: 2.37 Open: 2.76 Bid: 4.30 x 500 Ask: 4.32 x 2000 1y Target Est: 13.00
After Hours Trade Reporting Tuesday December 12 After Hours Last: $ 4.65 After Hours High: $ 4.66 After Hours Volume: 800 After Hours Low: $ 4.65 After Hours Time (ET) After Hours Price After Hours Share Volume 16:14 $ 4.66 600 16:14 $ 4.65 200
MAMA has now traded up to (as high as) $4.72c in the A/Hrs. It can only happen in America, many would say!!! .
LOK Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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