looksmart value to be fair and it has been brought to my attention i should be.
lets make this clear....i think LOOK is all but gone and i value LOOK somewhere around $2 a share atm
Value.....$50m USD (as a going concern)
on balance the most bullish person on LOOK...known to many on here as Ross....Lookingmoreconfident and many other aliases thinks LOOK is worth $50 USD per share
or values LOOK around $1 billion USD
that is his claim and believes LOOK is a bargain at $3.24
so there you have it......
I think its worth around $50m tops IF it can survive (and if the SBLC is breached its worth nothing)
Ross thinks its worth $1 billion dollars
one of us is clearly wrong.
the market says LOOK is worth $73m now.
i would say the facts say i am a lot closer to the mark then Ross.
but in fairness that is the opposite opinion.
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