Looksmart Limited (LKST)

[andy20020]

Hi Ollie .. to reach 15c IMO it'll need positive news, let alone what it needs for 19c LOL. Nope - I'm simply playing this that it does fill the gap in the US and may well try to consilidate near resistance too. All their bad news (hopefully) is in ... and there's a sense that they've turned the corner ... so what we have is a share that's three times cash value, they've restructured their costs down, they're expecting to grow revenue, and they MAY surprise to the topside if the MSN "discretionary" revenue is in anyway significant But you guys all know this better than me. I appreciate that with LOOK, once bitten could well be twice shy. I guess I'm unnemotional about them as I've only ever had a couple of bad trades and was out during the falls ... LOOK/LOK seems to be a text book trader so all I see is a chart that wants to go up and a business that will probably surprise to the upside. Timing??? When is the Q'ly earnings report??? Regards