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.
Shares in internet video and advertising company blinkx plc (BLNX) were down from a 186.75p close two days ago to as low as 85p today, before closing at 118.75p, after noting “a recent blog post by a Consultant paid by unnamed third parties” (see HERE) and that it “strongly refutes the assertions made and conclusions drawn in the blog post”. Is this thus, as house broker to blinkx, Citigroup, considers, “a significant buying opportunity”?
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Comments
wildrides
Health Warning …….. you could lose your shirt if this fully unwinds !