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.
Blinkx (BLNX) is a company that I’ve followed for a while now and I think that it has finally found bottom. Its share price has taken a massive tumble over the past year off of the highs of 235p it hit last November to the present day level in the low 60s.
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Comments
trashbat
I can’t quite get to grips with your enthusiasm to buy into a business that you have no clue about beyond the financials.
I’m no expert either, but I know that it makes malware (from personal experience), I know that it has a bunch of low value partnerships (something to do with Hallmark and kittens), and I know that internet advertising is being done better, bigger, more acceptably and more competently by many others.
I can’t explain how those numbers come out of that business, so maybe I’m wrong, but I haven’t seen them explain it either. If it was the dotcom boom all over again it’d make a lot more sense.
Duff
I quite can’t understand why the buy on this, I remember the Edelman presentation which pretty much said BLINX purchased the mechanicals of the business from a company previously banned (Zango) for operating this business model. So after the obvious negative vibe towards this stock previously now it’s suddenly a buy! Confused.
http://www.dailymotion.com/video/x1mxu4w_uk-investor-show-ben-edelman-720p_news
Tom W
Duff
I agree with you & not Gary. Will pen a piece overnight
T
David Dunham
Tom, Why are you so enthusiastic about BLNX NOW but up until now you have been vbashing BLNX for England?! What has changed so much?
KendoNagasaki
Well its a dubious and deceptive world we live in!
My late mama always used to remind me that the integrity if a man would and could always be seen through a persons dental hygiene.
Over to you tom?
wildrides
visability and safety of future earnings is a deterrent for me
Philip
I’m worried about the prospect of litigation popping up somewhere.
Tom W
David
I have NOT changed my name to Gary Newman.
http://www.shareprophets.advfn.com/views/6199/blinkx-i-disagree-with-gary-as-it-is-a-sell-my-top-three-stocks-to-short-on-aim
t