look - "oversold" ??

It had been suggested privately only yesterday that LOOK (in the US) was "actually, wildly oversold", and that "it almost suggests we will could see a move back to the $4.75-80cps mark, by week's end".......

It's worth noting that today's "high" was $4.55cps so the feeling of a return to around the $4.75cps - $4.80cps level, may even prove to be an accurate one ....

LOOKSMART LTD (NasdaqNM:LOOK)
Last Trade: $4.37cpc
Trade Time: 3:59PM ET
Change: Up +0.06 (+1.39%)
Prev Close: $4.31cps
Open: $4.30
Bid: 3.65 x 500
Ask: 7.55 x 100
1y Target Est: 6.63

Day's Range: $4.30 - $4.55
52wk Range: 2.75 - 5.75
Volume: 144,345
Avg Vol (3m): 120,666
Market Cap: $99.62M

:)
LC