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Longstanding investor in Looksmart (and a 68 yr old ex-tradesman), who has a passionate interest in the problems of newspapers along with their success in all their monetisation attempts made, on the web. For the "times are indeed, a changin", I feel. [17th of Aug, 2011 - Print media... More
  • LOOK - $1.80 Up 0.11 (+6.51%) - Continues to rise 0 comments
    May 17, 2010 9:09 PM
    .
    With Looksmart (of late) it's mostly about, any increase in the daily volume traded, equating to a rise in share-price value... The data below (thanks to Yahoo! Finance) does support this, and does so pretty clearly.

    finance.yahoo.com/q/hp?s=LOOK+Historical...

    PRICES
     
    Date Open High Low Close Volume Adj Close*
    May 17, 2010 1.70 1.84 1.65 1.80 169,600 1.80
    May 14, 2010 1.66 1.71 1.56 1.69 99,400 1.69
    May 13, 2010 1.75 1.95 1.66 1.66 686,000 1.66
    May 12, 2010 1.50 1.78 1.38 1.77 576,100 1.77
    May 11, 2010 1.40 1.52 1.40 1.52 77,400 1.52
    May 10, 2010 1.50 1.58 1.40 1.52 289,800 1.52
    May 7, 2010 1.43 1.49 1.32 1.45 131,800 1.45
    May 6, 2010 1.55 1.55 1.34 1.40 366,500 1.40
    May 5, 2010 1.63 1.83 1.55 1.55 420,700 1.55
    May 4, 2010 1.58 1.82 1.39 1.72 901,900 1.72
    May 3, 2010 1.40 1.70 1.35 1.59 1,477,900 1.59
    Apr 30, 2010 1.19 1.50 1.19 1.38 361,300 1.38
    Apr 29, 2010 1.17 1.19 1.15 1.18 7,800 1.18
    Apr 28, 2010 1.19 1.19 1.13 1.15 24,700 1.15
    Apr 27, 2010 1.17 1.21 1.17 1.19 26,900 1.19
    Apr 26, 2010 1.16 1.20 1.16 1.19 16,600 1.19
    Apr 23, 2010 1.18 1.21 1.15 1.18 31,500 1.18
    Apr 22, 2010 1.14 1.20 1.13 1.18 80,500 1.18
    Apr 21, 2010 1.12 1.17 1.10 1.15 30,900 1.15
    Apr 20, 2010 1.08 1.13 1.06 1.12 66,900 1.12
    Apr 19, 2010 1.10 1.11 1.06 1.06 48,400 1.06

    There is so much to write about and it's best explained from within a few postings from over at Yahoo Finance, from earlier today.

    Re: Shareholders, take note of this...

    There is a correction in that post and instead of the (my) stated "SIXTY Billion ad impressions" (queries) to manage, DAILY.... It's meant to be, MONTHLY.

    Re: Shareholders, take note of this...

    From the linked MediaPost article (within that above post), it's most important to consider the following:

    < With DSPs coming along to erase the friction on the exchange, they have given advertisers one entry point into the world of display advertising.>

    I believe that it's the Looksmart AdCenter's private-labeled API (for both advertisers and publishers), that IS that "enabler" that allows for that (as mentioned), "one entry point" for advertisers to reach "scale", ultimately via publisher based Exchanges like Microsoft's AdECN ....

    LOOK's so good from here Folks. In my honest opinion, as always.

    LC

    ps; With "real" cash of around $27M & no debt, where does Looksmart's existing Market Cap of a little over $30M stand, when compared alongside the "9.2 times tangible book value" of IPO candidate (and most probable AdCenter partner), in ReachLocal, I ask?

    seekingalpha.com/instablog/393119-ipodes...

    Disclosure: Long LOOK and so happy to be so, too!
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