LOK looksmart limited

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  1. smuggler
    8,265 Posts.
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    16/05/06
    09:56
    Post #: 1564533
    look is crashing despite whatever nonsense is posted about News buying LOOK....obviously Rupert is not believing it NOR are the punters.

    the share price is falling on NEWS buying LOOK?????

    oh yeah...i gte that.

    the share price is falling because the LOOK model is flawed.

    Its outlook is below average...with MORE losses and the largest inherent risk to LOOK int he short term is bankruptcy through the SBLC it has which requires $40m in cash in the bank.

    LOOK is a basket case......plain and simple.

    sell while you can...imho

    LOK Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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