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LookSmart, Ltd. Message Board

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  • jimgray30 jimgray30 Nov 14, 2012 3:39 PM Flag

    Earnings are Atrocious

    I owned the company at one point and sold at around $1 after the tender came out. I then bought back in for some merger arb, which didn't pan out but thankfully didn't lose much due to the cash cushion.

    It is hard to believe that management can still reject a $1 offer on the table. Frankly, I don't understand how this company is even worth $1 anymore.

0.94-0.01(-1.05%)Dec 19 3:59 PMEST

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