Hi Gerry,
With all due respect, I think the market will still be left at the starting blocks wondering why on earth they missed the run. I tend to think last nights volume on LOOK was the impetus that Lok needed as it had been floundering for the last few days wondering which way to turn. This new run, I believe will kickstart the engine. If there is not a .60 or .80c rise in one hit on LOOK within the next few days I will be very surprised. Its happened before and will happen again leaving many in its wake. I don't think Look can wait till mid January before it makes its run. There has been to much institution buying over recent months to suggest anything less. Its one of the major reasons why Lok's momentum has been so resilient even during a down market day. If you would like me to send you a brokers report email me : [email protected]
Cheers markco
LOK
looksmart limited
