LOOK is trading at US$2.32 with increasing volume in the final 30 minutes of trade. There should be a solid run-up to the next quarterly report around 25 January with quite a few trading opportunities along the way.
In my view there are four types of opportunity in the current market (since I don't have a mastery of short trading):-
1. Getting on the back of short term manipulation if you can get some tips or recognise the behaviour.
2. Beaten down stocks getting a lift from signs of life or recovery. LOK is one of these.
3. Long term investment in major tech stocks.
4. Windfall finds by exploration companies.
LOK
looksmart limited
LOOK is trading at US$2.32 with increasing volume in the final...
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