LOK looksmart limited

reason for decline was there for all to see !!

  1. 10,372 Posts.
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    LOK sold off 20% in the USA.

    Yet the Aussie market, which had first crack at critical info misssed the chance.

    Sad part for the Aussie mug punter is that very few appear to have bothered to read LOK's 10-Q filing in detail.

    this report was released PRIOR to our market opening yesterday, and page 17 clearly outlines how the company expects an adverse inpact on their UK earnings as a result of MSN activities.

    reckon market has now over-reacted and chance to pick up a few cheap LOK's on Monday

 
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