UK 02:54 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. 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.
OK so I’m a contrarian and as such I am now long blinkx (BLNX). I bought three times on the day of the crash in my mad punting account. (I have this to remind myself of the pain of self-immolation in trading, so I don’t lose track of my customers.) I bought at 40p, 33p and 29p averaging out at 34.1p. Basically, this is where it sits right now. I think it is going up.
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Comments
wildrides
Its certainly more likely to go up from here at 34p than QPP is from circa 200p .
ADVFNPrep
I do not believe the issue is whether BLNX is fake. The accounts, revenue and profits are real. The issue is whether BLNX business model is sustainable.
The recent, dire, trading statement suggests BLNX is losing costumers. The question is whether this exodus of costumers will stop, reverse, or accelerate. I have no idea, but watching from the sidelines is exciting enough for me.
Alex
who knows if the accounts are real? Accounts can be easily forged these days on AIM
ADVFNPrep
I do not claim to be an expert Alex. My opinion is based on the fact that BLNX has been extensively scrutinized by the bears, but BLNX accounts were not questioned. This is in stark contrast to for example QPP and GBO.
I have actually seen a number of BLNX bears comment positively on BLNX accounts, for example Paul Scott.
wildrides
Alex , we know because they have plenty of cash …..the one thing you cant fiddle in the accounts ……thus the debtors must be real and getting settled in a reasonably timely fashion .
The complete opposite to blinx !
wildrides
correction : opposite to QPP
sorry