UK 09:40 Friday, 6 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
When a stock is “hot” it can announce news of no import whatsoever and its shares zoom. When the “believers” start to ask about the Emperor’s new clothes in detail, when faith clashes with uncomfortable reality the reaction to such PR fluffery is negative. Blinkx (BLNX) is now in that phase as it refuses to deal with the fireworks delivered by Ben Edelman on April 5 at the UK Investor Show.
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Comments
wildrides
I am sure I got some of that dodgy Blinx software hidden on my computer ……….. really hard to get rid !
anyways………. had a look at Quindell Q1 rns and note they only have 150 mill cash left now ……… despite the 200 mill cash raise and all the comments about cash position improving . Very odd if you ask me ……… but then what the hell do I know.
ADVFNPrep
I am actually amazed that Blnx still trades on a 2014 expected PE of 18.7. Seems really expensive to me for a company under such controversy. I would be really worried about how clients and prospective clients would respond to these allegations.
Re: QPP… total of topic, but I hope you can at least understand they didnt raise 200M to let it sit in a bank account. Every £1 spent on sales generates almost £2 in profit.
ADVFNPrep
Every £1 spent on sales generates almost £2 in revenue.*
Pete
So that I can put all this in the right context, would you say that all of Blinkx’s competitor’s are ‘squeaky clean’ and that none of the ‘revelations’ were timed or had anything to do with shorting Blinkx? I have followed the proceedings over the last few months with interest, however, as I don’t know why Mr Edelman was specifically tasked to investigate Blinkx, who asked him, and what their motive was and why it was timed as it was, it’s difficult to determine whether Blinkx is a heinous company or similar to their competitors and trying to improve.
Tom Winnifrith
Pete
I have no idea whether blinkx’s competitors are clean or otherwise. Most adware companies were put out of business by the FTC 5 years ago. So in continuing to pursue a trade the FTC says is illegal blinkx is – i suspect – something of a rarity in the public arena hence that, I suspect, is why it went onto the radar of the great adware expert.
As a general rule companies that engage in illegal practices ( and deny it even though the evidence is now incontrovertible) are, if not heinous, certainly not ones I’d bet the ranch on.
T
wildrides
Just watch the video from the investor show . The motives of the man and the evidence are clear for all to see.
1) Body language shows a man truthfully portraying what he has exposed and his reasons for doing it . It also shows a man supremely confident and assured . Indeed , a man with out challenge on stage from Blinx or its lawyers .
2) The evidence is all there . They bought the tools to carry out the scam , they hired the staff , and they used both as demonstrated for all to see on stage .
fortune teller
well maybe you were a little hasty with your article ? as you can see today BLNX is rising steadily the are now number 8 in the content video table new partners and now we have a takeover rumour going !! maybe your running out of steam !!!