LOK looksmart limited

look drops 14% on huge volume

  1. smuggler
    8,265 Posts.
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    06/05/06
    19:59
    Post #: 1544667
    in response to the Q1 report.

    get out while you can if you hold it.


    The SBLC comes into play now......and LOOK are in real danger of being forced into bankruptcy.

    They have to maintain $40m in cash

    and are now burning over $5m per quarter

    have $45m left

    so will they breach the SBLC in the June quarter????

    LOOK is gone.........

    IMHO
    LOK Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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