Looksmart continues to rise with a (dogey) close of $5.01cps,...

Looksmart continues to rise with a (dogey) close of $5.01cps, overnight.

I say "dogey" as, with moments to go there was 4100 on the bid @ $5.03c and 1000 on the "ask" @ $5.04c (last sale $5.04c) with the volume showing 227,003.

Final volume was 227,103 and somehow, that last 100 transaction dropped the SP value by .03cps!!!!

Doesn't really matter in the big scheme of things as acuumulation continues.

The approx value for LOK today ($5.01c @ $1.27460c) is $6.38cps ........if you can get them!!

LOOK reached a "HIGH" of $5.17c (='s $6.59cps for LOK) earlier in the day before being 'eased down' in the usual fashion.

No doubt the 30% increase in Internet revenues for The NY Times, (that Looksmart gets a proportunate earn from), has a lot to do with the recent rise. Then there's facebook.com, but we won't go into that .....

But, there's always the flawed model or, the SBLC to worry about, I suppose??

lol!!