LOK looksmart limited

LOOK has major problems.anyone can hold a stock without...

  1. 8,265 Posts.
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    LOOK has major problems.

    anyone can hold a stock without reference to a chart IF...the company is improving its fundamentals

    LOOK is losing traction on EVERY fundamental

    It is burning more and more cash

    It has lower revenues

    It has higher TAC

    It has higher operating expenses

    It has less clicks

    It has less partners

    It has higher nad higher losses

    And on and on and on.

    LOOK has another major problem in this SBLC covenant.

    If that is breached.....LOOK is technically insolvent.

    LOOK is in grave danger now of completely collapsing.

    It is testing lower lows every day and volume is increasing on down days.

    I have magnified these inherent risks for LOOK for quite some time and the flawed business model.

    Nothing i am seeing from LOOK has changed my mind.

 
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A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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