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blinkx plc – another warning which was hopefully heeded as blinkx's “Business Update” = Profit Warning

By Steve Moore | Monday 24 August 2015

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.

Having consistently been bearish since the days of a comfortably above 100p share price and most recently at 35p in May HERE, I note with interest the “Business Update” from blinkx plc (BLNX) today – this including that “early second quarter (to end September) trading has been below expectations to date and the company now expects an operating loss in H12016”. “Business Update”? The shysters mean 'Profit Warning' then...

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