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LookSmart, Ltd. Message Board

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  • Setting up to clear next resistance area at $2.30. Got upgraded to strong buy at stoxline website.

  • Reply to

    What to expect going forward with LOOK

    by kenneth.doll May 27, 2014 1:57 PM

    This is such a cracker! Seekingthetruth is a mate of mine too I have known him for several years and we have had lunch together, he has stayed overnight at our place in the Lockyer Valley. He is a bloke who cares about other people and this planet. He is merely a good bloke who wants to do something good for the world in his own way. Geeze Louise I wish he WAS who you say he is because he could change a lot of stuff for the better with all that power and money :-)

    Sentiment: Hold

  • Reply to

    What to expect going forward with LOOK

    by kenneth.doll May 27, 2014 1:57 PM

    I made several points in this post. If we were to assign a value to each point, 1 being the lowest and 10 being the highest, me outing Mike Onghai as Seekingthetruth would be by far the lowest. Why don't you address any of the other points? Seems like your just an apologist for this incompetent company and incompetent yourself. Makes sense why your defending a dying company and stock...

  • Reply to

    What to expect going forward with LOOK

    by kenneth.doll May 27, 2014 1:57 PM

    Seekingthetruth lives in Brisbane Australia. I've known him for over ten years. I invested in Looksmart many years ago and sold out after working out that they were losing the battle in the search war. I have no idea why you think that Seekingthetruth is the CEO? possibly because he was such an avid supporter. All I can say is you are wrong Kenneth.

  • Reply to

    Just Horrible. Management is clueless.

    by mr_amphonics May 24, 2014 6:33 AM

    Tip of the Iceberg. The only reason Mike Onghai and Co took over LOOK via Snowy August and PEEK investments was to capture the 30 million dollar cash hoard LOOK was sitting on and raid the coffers to pay themselves with it. LOOK is a giant goose egg and proxy for Mike Onghai and CO to pay themselves.

  • I've been holding my breath here for a few years but here goes:
    Seekingthetruth is actually Mike Onghai, current "CEO" (and I use that term loosely) of LookSmart, and a few other companies most prominently AppAddictive. Notice on his LinkedIn profile he mentions he is a customer Pain Killer (reference to the pain pill that snowy august and peek investment used against LookSmart). http://www.linkedin.com/in/valueinvestor . Not to mention his obsession with being a "value" investor, and obsession with Warren Buffet, but I'll get to that later.

    Getting to know Mike - Did you know that Mike Onghai is also a children's book author? It's a fact! His true passion is writing and illustrating childrens books such as "The Greatest King - A Christian Adventure" , see this: http://www.amazon.com/The-Greatest-King-Mike-Onghai-ebook/dp/B00A72G3IE
    - Mike also employs his close friends and family, almost exclusively, such as his sister Judy Onghai http://www.linkedin.com/in/drpsychologist

    and JC Medina (Cousin and now "Senior Manager" at LookSmart? talk about incompetence...) http://www.linkedin.com/in/jcmedina

    The Summit Media, Onghai family and Philippine monopoly connection: To understand Mike, his obsession with value investing (most namely Warren Buffett, of which he owns 1,000+ shares of Berkshire A stock through an offshore trust) and take over of LookSmart, we have to understand the context. Mike loves to play the narrative of a disadvantaged youth from the Phillipines who fought and clawed his way through Stanford to become an early employee at Geocities, CFA and ultimately CEO of a publicly traded company all through his own genius and perseverance. However the truth is much, much different (ironic his screen name here is SeekingTheTruth). (Mike Onghai's CFA blog is titled "Value Investing is my life" - http://mikeonghai.blogspot.com/ and also numerous references to his obsession with the Christian faith and principles). MORE TO COME SOON!

    Sentiment: Strong Sell

  • They put out a press release stating that they don't want to put out annual or quarterly guidance, for the BENEFIT of the "long term" shareholder. What rubbish.

LOOK
1.64-0.02(-1.20%)Aug 22 3:59 PMEDT

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