re: institutions own 58 per cent of looksmart jason .....
It's "dj" here .....Ross's son, ok? Can't you get off my dad's back for a change?
He (Ross - LookingConfident) prefers not to post much these days as since he has now accumulated a "stack" of LOK shares (trades in the US too) he has to get some sleep most days. (Trade the "dips", he says). He averages $4.61cps for his LOK here in OZ and is happy with the SP being around the $6.00pss level. (He has over 30,000 of the muthers!! Lucky him, I say)
My dad also feels that Looksmart have every chance of beating their guided for 26% - 28% revenue increase, for the Q4 period. He says that partners are growing their revenues (The NYT and facebook.com examples) and that Looksmart get a 'cut' out of all this growth. He said that FindArticles and Looksmart.com (alone) have near on 10M uniques and that "god" (and DAVE HILLS) only know how many the 181 Verticals and furl.net have.
In case you wanted to know, he's very happy these days (he's retired to become a "full time" Looksmart Investor - to live on the profits, in time) and he also whistles a lot! I like that too! He's looking very (extremely!!!) confident, as I say.
Buy some QTK jason ...... DON'T buy LOK, ok?
:)
Ross's son dj
LOK
looksmart limited
institutions now own 58 per cent of looksmart, page-8
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