LOK looksmart limited

re: lok looking good, fundamentals first Fallguy,I'm sure you...

  1. 679 Posts.
    re: lok looking good, fundamentals first Fallguy,

    I'm sure you mean well but please, wake up and smell the roses!

    LOOK rebounded from it's initial fall due to savvy investors quickly recognising the heavily over-sold LOOK price. For the remaining 5 hours of LOOK trading on Friday, the LOOK share price steadily and consistently increased, to finish at it's high for the day at US$3.05.(up 69c from it's intra day low of US$2.36

    Very simply, you are wrong to suggest:

    * that LOOK's profit will decrease,
    * LOOK gave no guidance re:2003 profit etc,
    * that 'market makers' stepped in to stop the 'free-fall'
    *manipulation to allow insto's to exit.

    But I'm sure you were only joking
 
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