Looksmart traded very strongly overnight and rose by 4.1% or,...

Looksmart traded very strongly overnight and rose by 4.1% or, .1950cps !!

Smart "shorts" appeared to be covering (@ $4.95cps) is how I saw it, on Level 2.

The news will be good, that's for sure!!!

LOOKSMART LTD (NasdaqGM:LOOK) Delayed quote data Edit
Last Trade: 5.00
Trade Time: 3:49PM ET
Change: Up +0.20cps (+4.06%)
Prev Close: 4.81
Open: 4.98
Bid: 4.97 x 300
Ask: 4.99 x 500
1y Target Est: 5.67

Day's Range: 4.92 - 5.06
52wk Range: 2.21 - 5.75
Volume: 170,031
Avg Vol (3m): 134,805
Market Cap: 114.72M

My dad (LC) will be pleased, that's for sure!!!

dj