Look is an internet stock and is trading true to form in my opinion.
These type of shares are traded by naive, greedy, wanna get rich quick types with no respect for fundamentals, value etc just some sort of pyramid - pass the parcel type trading game.
If you want to see the mentality of the punters who play with this type of share just visit the ozestock board - they sound more like prepubescent girls cheering for their favourite boy band than hard nosed investors.
They are just another player in the very very overcrowded advertising field and with the US and world doing it tough economically it would be logical to expect advertising revenue to fall or be constrained.
I also think there is a high probability that the moslem fundamentalists will bring the www down in the near future when the work out how to do it.
- Forums
- ASX - By Stock
- LOK
- frustrated with look !
LOK
looksmart limited
frustrated with look !, page-9
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online