Strange day on the Nasdaq (overnight), I feel. Volume was 20k over average and the SP was, 'well kept', IMO.
To me, accumulation was again, the order of the day ......
Those (possibly) "in the know", being those, who (may) understand where Looksmart are heading, are 'having a picnic' with unsuspecting shareholders, IMHO.
A reasonable, (but cautious) open @ $4.99c, then wait to see if any 'buyers' turn up, when they don't, then take it down to $4.87c & 'collect' a few "stop losses"..... A "shake of the tree" a little, some more fall off ..... Then go up and "grab" those selling @ the higher $5.00pps level, say "thanks" and then take it down once more, before grabbing those few, near the end of the day!!
It's tough work, but someone has to do it!! - (Inett trades, within last half hour of the day).
Time B/S Shares Price 15:59:35.831 S 26 4.9600 15:59:31.768 S 700 4.9600 15:59:30.051 S 574 4.9600 15:59:16.632 B 400 4.9400 15:59:16.632 B 400 4.9400 15:59:16.288 B 400 4.9200 15:59:15.873 B 400 4.9000 15:58:56.292 S 100 4.8900 15:58:55.848 S 100 4.8900 15:51:17.196 S 200 4.8900 15:45:54.999 B 100 4.9000 15:45:30.255 S 200 4.8900 15:38:55.848 S 100 4.9200 15:37:57.266 S 100 4.9200 15:37:56.659 S 500 4.9200 15:31:36.722 B 100 4.9200 15:26:29.542 S 300 4.9200 15:26:29.370 S 900 4.9200 15:26:29.370 S 300 4.9300 15:25:58.312 B 300 5.0000 15:25:58.151 B 800 5.0000 15:25:58.151 B 200 5.0000 15:25:58.100 B 800 5.0000 15:25:58.100 B 200 4.9900 15:25:56.721 B 1,000 5.0000 15:25:56.528 B 600 5.0000 15:25:56.528 B 400 5.0000 15:25:54.754 B 400 4.9900 15:25:45.624 B 600 5.0000 15:25:45.227 B 1,000 5.0000 15:25:40.949 B 600 4.9900 15:25:40.949 B 400 4.9800 15:25:37.054 B 400 4.9900 15:25:35.032 B 319 5.0000 15:25:35.032 B 481 5.0000 15:25:35.032 B 200 4.9900 15:25:34.587 B 100 4.9900 15:25:31.698 B 519 5.0000 15:25:30.763 B 400 4.9700 15:25:30.763 B 400 4.9600 15:25:30.763 B 200 4.9500 15:25:29.126 B 25 4.9600 15:25:27.375 S 100 4.8900
LOOKSMART LTD (NasdaqNM:LOOK) Last Trade: $4.96c Trade Time: 3:59PM ET Change: Up +0.01c (+0.20%) Prev Close: 4.95 Open: 4.99 Bid: 4.75 x 1200 Ask: 5.00 x 700 1y Target Est: 6.63
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