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blinkx plc – investor increases stake, but is it sound investment to follow suit?

By Steve Moore | Thursday 11 September 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.


Shares in internet media company blinkx plc (BLNX) have recovered somewhat from near 30p lows to a current 43p. Having consistently warned on the dangers of the valuation here since the shares were 93p in April 2013, I update in the following.


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