Hi blades .....Two large parcels were bought pre-market (200,000...

Hi blades .....

Two large parcels were bought pre-market (200,000 & 52,020) and that set the tone for the day.

Smart Institutions have been buying all they can get in recent times and would now "own" an approx 60% of the 22.9M total issue of shares.

Pre-Market Trade Reporting Wednesday January 03
Pre-Market
Last: $ 4.46 Pre-Market
High: $ 4.46
Pre-Market
Volume: 252,020 Pre-Market
Low: $ 4.46

Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
09:14 $ 4.46 200,000
09:14 $ 4.46 52,020

Today's rise of 5.4% is an indication as to where Looksmart will be heading in 2007. I expect many multiples (rises) of the current shareprice value, by years end.

Shares are hard to come by here on the ASX and those prepared to buy what is available will be rewarded BIG in time.

LOOKSMART LTD (NasdaqGM:LOOK) Delayed quote data Edit
Last Trade: $4.70c
Trade Time: 3:58PM ET
Change: Up 0.24 (+5.33%)
Prev Close: 4.46
Open: 4.46
Bid: 4.45 x 1000
Ask: 4.95 x 1000
1y Target Est: 5.67

Day's Range: 4.46 - 4.78
52wk Range: 2.21 - 5.75
Volume: 346,140
Avg Vol (3m): 129,316
Market Cap: 107.83M

Go LOK!!

dj