Looksmart Limited (LKST)

[LookinSmart]

hey basket

Don't worry there is reasonable 3.50ish resistance and again at 3.75 - we should get a bounce off one of them. I have some smallish short term trades (possibly < 1 day) in at 24.5 and 25 to release some cash - usually bounces off that figure (unless we get more +ve news of course in which case it's all bets cancelled!).
Look to re-enter at 22.5.

if we get a close above 3.50, i may hold for the 3.75 (should give the best price on open in Oz that day).

I know how you feel though. LOK is like that - comes and bites your balls off when you least expect it!!!