looksmart closes lower again!

LOOK continues its spiral lower with a noticeable lack of any buyer interest in the US (which is mirrored here as well)

LOOK is now displaying the worrying signs of trending towards new lows in the US,,,,,and this is "before" the Q2 result.

My view is LOOK will miss its Q2 guidance and IF......this occurs LOOK will plummet.

The Nasdaq delisting risk remains and will be sealed IF ..LOOK misses its Q2 numbers.

A time to remain vigilant if you own LOOK shares and certainly NOT a time for anyone to buy.

The risk for a serious downside move are simply too great.

IMHO of course.