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.
LOK
looksmart limited
LOOK has major problems.anyone can hold a stock without...
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