Monday, October 24, 2011

Level 3 Communications (LVLT); LookSmart (LOOK); Yahoo! (YHOO)

Level 3 Communications (LVLT) executed the 1:15 stock split and the shares are now trading on the NYSE. Prior to the reverse stock split LVLT was at $1.55. LVLT closed last week (02011.10.21) at $23.50. Post split 52-week range: $12.75 - $40.05

LookSmart (LOOK) continues to be a DumbAss investment, but at $1.28 it is selling below cash-per-share of $1.30.

Yahoo! (YHOO) rumors are running wild and rampant. YHOO closed last week (02011.10.21) at $16.12. 52-week range: $11.09 - $18.84.

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