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.
At 2.54 PM today Blinkx (BLNX) finally put out a statement in response to its share price collapse. I am not sure that I find it terribly convincing. The company says there is no reason for its shares to slump (as we described earlier), but says:
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