LOK looksmart limited

Yes ...... LOOK got to .95cps Overnight ....In my last post I...

  1. 2,032 Posts.
    Yes ...... LOOK got to .95cps Overnight ....

    In my last post I had mentioned:

    < Accumulation continues, IMHO. A SP of .85cps (or, more) by the close on friday will confirm MY continued accumulation theory, at least for me. >

    < So, I'm suggesting a couple of Volume days between now & friday and getting back to (or, above) that level once more. (And closer to that $1.00pps nasdaq requirement). >

    Overnight, we did get the required volume, (that I have aluded to in previous posts) with Volume: 2,487,890 (Avg Vol (3m): 865,977) and a trading range of $0.77 - $0.95. The share price was 'dragged down in the last few minutes (once again) to close @ $ $0.911cps

    The .95c HIGH (for LOOK) equates to an apporximate of $1.24cps for LOK shares here in OZ. ($1.30153 AUD). LOOK will get through the $1.00pps level shortly, IMHO.

    Name
    Looksmart Ltd

    Last Price
    $0.9390cps

    Net Change
    +0.1490c
    +0.0280c (AH)

    Previous Close
    $0.7900c

    Percent Change
    +18.86%
    +3.07% (AH)

    After Hours Trade Reporting Tuesday September 13

    After Hours
    Last: $0.93c After Hours
    Best Bid: $0.90c After Hours
    High: $0.94c
    After Hours
    Volume: 3,800c After Hours
    Best Ask: $0.93c After Hours
    Low: $0.93c

    After Hours
    Time (ET) After Hours
    Price After Hours
    Share Volume
    16.15 $ 0.93 3000
    16.13 $ 0.94 500
    16.09 $ 0.94 200
    16.07 $ 0.94 100

    This post (from Yahoo) from a 'newbie' to the board does support my theory of accumulation, too.

    ---------------------

    whoah, see that??
    by: fleeflng
    Long-Term Sentiment: Strong Buy 09/13/05 03:21 pm
    Msg: 150037 of 150073

    .87 support got smashed by the shorts but IMMEDIATELY built up again! Mega accumulation going on at .87, this should frighten shorts that remain. Looking forward to the last half-hour-covering.

    ---------------------------

    :)
    LC

 
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