By Steve Moore | Wednesday 12 November 2014
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.
The latest results statement from blinkx plc (BLNX) emphasises “a transformational period” and that “the company remained profitable on an adjusted EBITDA basis and delivered over $100 million in revenue during the period”. Sounds great, but au contraire…
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