Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
"S. Brian Mukherjee, Ed Bridges at FTI, ultra-thick hackette Harriet Denys, Citi Group, Numis Securities, Richard Eaton of bullyboy lawyer Twobirds, Roger Lawson--we have beaten them all. We have beaten them all. S. Brian Mukherjee can you hear me? S. Brian Mukherjee, I have a message for you in the middle of the share price collapse. I have a message for you: We have been 100% vindicated on your POS stock. S. Brian Mukherjee, as they say in your language in the boxing bars around Madison Square Garden in New York: Your boys took a hell of a beating! Your boys took a hell of a beating." Yes blinkx (BLNX) has served up a disastrous profits warning.
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Comments
Alan
Vindicated Tom. Wd
Malcolm Stacey
Brilliant. Rock on, Tommy.
wideboy
SOMETIMES YOU HAVE TO HOLD HOLD YOUR HANDS UP AND SAY WELL DONE, MY CAP IS DOFFED
ADVFNPrep
Something else that worries me: “The shortfall was exaggerated toward the end of the quarter”.
This suggests current business is worse than the overall quarter described in the RNS.
Ben Turney
Brilliant Tom, I love that quote :-)
wildrides
Dont hold back Tom ……say what you think ;-)
Paul Scott
Tom,
Well done on another victory. Although I must take issue with the abuse towards Roger Lawson – he doesn’t deserve such abuse.
It detracts from the content of your articles to write them in such an aggressive & unpleasant tone, in my opinion.
Notwithstanding that, well done on flagging the problems at Blinkx. People may not like your style, but you’re getting most of these things right, and have the balls to take on the financial establishment when you find things you don’t like.
Investors should be thanking you, not villifying you.
Regards, Paul.
AKCSL
Odd that you wrote this in March April then…
In the past I could confidently state that I thought the shares would go down. Today my conclusion is a very wishy washy “they could well go up by a good margin”
Tom W
Paul
Thank you. Re Lawson he was witheringly rude & dishonest about me at UK Investor and then on his blog accused me of making defamatory comments about blinkx’s lawyers (not true) and of not understanding blinkx as he did. I have learned to my cost that what goes around. Roger is now discovering that too.
T
Tom W
Filthylucre
You are right about 1 thing…you are a moron.
When you are battling with PLCs that spend tens of thousands on PRs, IRs, brokers to overpromote and more on lawyers to gag questioning you get nowhere as a nice guy.
As such when you try o expose this you get nowhere being nice. So I have to be a total bastard to get results and yes, it comes naturally.
You go try and expose a PLC, get a few lawyers letters and ten win by being a nice guy… see where you get.
T
wildrides
Lawson deserves it . You cant defend a stock in a written style that implies an independent view, whilst secretly owning the stock, and not expect to get pilloried for it !
its just plain sneaky , and he got outed for it .
Lonster
Nice work Tom. Although I don’t always approve of your aggressive and rough style, if it gets the desired results then hats off to you sir. I think I’d rather be mugged and beaten up after a rough night out in Croydon than be on the receiving end of your aggressive journalism!
alan
How is it disastrous? How can you talk about what people say when you use the words you do
Tom W
Alan
Disastrous in that
a) trade has fallen off a cliff in 7 weeks ( ref FY statement)
b) it makes no sense
C) the shares have utterly collapsed.
I am not a holder so not a disaster for me but I suspect many folks who do hold will view it as a disastrous day don’t you?
Filthylucre
Glad you are a mere moron not a BB moron. Yes some folks on BBs are vile – even I do not sink to starting whole threads about how someone is having gay sex with Evil and dozens of Dutch sailors, etc, etc.
But those folks post anonymously and have an agenda largely of ramping. I am just a journalist who writes in a brutal style but with a purpose – exposing liars!
Lonster – fear not… unless you are Peter Landau in disguise you are safe
t
T
Philip
Be as aggressive & bullying as you like as long as it exposes the less then transparent shenanigans that some of these companies (and their cronies) get away with.
I’d rather have your Bullying then their Bullshit!!
Aerostar
I make this a 13.5% decrease in estimated EBITDA – not the end of the world, and at lower estimations, a 32m profit from the lower band of 37-39m.
A toxic stock no matter what RNS they put out unfortunately for PIs.
mjnandrew
Such vitriol Tom – calm down. You.re a savvy guy but you.re sounding like a most uncouth character these days – which you clearly aren.t. Sort yourself oot man.
malabe
Tom
I applaud your efforts in trying to expose the wrong doers as every investor should, but you can’t claim the moral high ground when your writing is in the gutter.You said, “Yes some folks on BBs are vile – even I do not sink to starting whole threads about how someone is having gay sex with Evil and dozens of Dutch sailors, etc, etc.”
Buy you’r quite happy to say, “ Perhaps the thickest woman on Fleet Street (Harriet Denys) was right after all and was not just sucking PR cock as she dismissed Edelman’s concerns?”
PS. Do you have “issues” with women ?