re: institutions own 58 per cent of looksmart < My dad says that...

re: institutions own 58 per cent of looksmart < My dad says that you should, "buy all you can"! >

And why wouldn't you?

The "blatant" manipulation of LOOK's SP in the US, (that is so obvious on "level 2") gives any reasonable thinker every reason to do so!

And the "knockers" (who only come out on "down" days) are here once again. Perhaps they 'missed' my post yesterday, where Jim Cramer summed it all up, oh so nicely!

Read it and let it sink in .......

"In a country [the US] where the top 1 percent of households controls 57.5 percent of corporate wealth, if you aren't thinking about ways to profit from our squeezed middle class, if you are still stuck in the mindless chasm of politically correct investing, you could be leaving fortunes on the table."

< In February 2006 (like him or, hate him), Jim Cramer opined:

"Some businesses are so reprehensible, so impossibly exploitative that they simply must be bought. Okay, that may not sound like sage investment advice, but given the Bush administration's wanton embrace of corporate interests, investing in a portfolio of companies you couldn't stand to work for without having a camp-guard mentality, a collection of stocks so motley in morals on the face of it, might be a solid bet right now. In a country where the top 1 percent of households controls 57.5 percent of corporate wealth, if you aren't thinking about ways to profit from our squeezed middle class, if you are still stuck in the mindless chasm of politically correct investing, you could be leaving fortunes on the table." >

The "full" story:

http://www.marketwatch.com/news/story/jim-cramer-awesome----print/story.aspx?guid=%7B541D1D1F%2D80B2%2D47BD%2D8BF8%2DD86D62C12321%7D&siteid=yhoo&dist=yhoo

:)

Ross's son dj