Looksmart Limited (LKST)

[LookinSmart]

"But LOOKIN you knew all that"

Doesn't matter what I think Michael - it's what the market thinks that counts. We are invested in the market's perception of LOOK not LOOK itself.

That hickman report shows that at least some of the market see the drop as unfounded, which gives me more confidence to top up at this level than before the report. Also, provided 2.75 holds, the TA is very strong too, and we know a lot of TAs trade LOOK, so the fact that closed above it also adds weight.

Not heard anything out of the SE conference yet. LOOK presented monday and will present tonight too. Smugger was suggesting some announcements from there, but maybe we will get some in the c.c. instead.

cheers

Lookin