< Someone must have realised that my dad is correct when he say that there are probably LESS than 4 million shares (ONLY) available to trade, both here and in the US!!! >
Today: 22-Dec-2006
Time(AEST) Price Volume Value Condition Codes
12:28:06 6.1000 410 2,501.00
12:28:06 6.0000 10 60.00
12:28:06 6.0000 80 480.00
Looksmart have guided for a 26% - 28% increase in revenues for Q4 and will be profitable during this period.
What if they do a 30% increase or, even more? With "shorts" reportedly 425,000 odd in november? That's "over" 10% of "AVAILABLE" shares shorted, against those that will/could (possibly) be traded?
http://www.nasdaq.com/asp/quotes_full.asp?mode=&kind=shortint&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=LOOK&symbol=NVGN&symbol=OVER&symbol=AOL&symbol=YHOO&symbol=ASKJ&symbol=FWHT&symbol=&symbol=&symbol=&FormType=&mkttype=after&pathname=&page=short&selected=LOOK
Hold on "tight" is my advice!!!!
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