We can expect LOK to fall another 4c this morning... Seems a good company and might be a good buy at lower levels. Personally I like AdultShop.com (ASC) better at the moment as they are making larger positive cashflows and don't have the large marketing/depreciation rates of looksmart. They are also capitalised at almost half the level of looksmart.
But LOK has a great business that will stay around due to the large barriers to entry. Hopefully we see levels of sub 15c to pick some up real cheap.
Good luck, Munch.
LOK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held