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blur Group – bullish (paid) researcher can't hide the problems ( but tries)

By Steve Moore | Monday 24 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.


Following a further revenue and profit warning from blur Group (BLUR) last week I updated that there may eventually be some consistent delivery of expectations, but the recent track record suggests continued caution and, whilst a focus on spin rather than just simply explaining the operational reality remains, this is a share I wouldn’t be comfortable holding anyway. The following reviews a rather more bullish research update.


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