LOK looksmart limited

Looksmart up again

  1. 2,070 Posts.
    LOOK is trading at US$2.32 with increasing volume in the final 30 minutes of trade. There should be a solid run-up to the next quarterly report around 25 January with quite a few trading opportunities along the way.

    In my view there are four types of opportunity in the current market (since I don't have a mastery of short trading):-

    1. Getting on the back of short term manipulation if you can get some tips or recognise the behaviour.
    2. Beaten down stocks getting a lift from signs of life or recovery. LOK is one of these.
    3. Long term investment in major tech stocks.
    4. Windfall finds by exploration companies.
 
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Currently unlisted public company.

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