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... for short interest to increase and then things will really get scary. I reckon this'll push towards the cash pile level anyway, which is currently around 13.5p per share (or thereabouts). Me? I've gone too far to go back. I'm going to hold on to the bitter end now, come what may.
...
Meanwhile on iii sobeit and bigbear are ramping this share to buggary... So we've got nothing to worry about after all.
Sorry for the double post. This website's a joke now as well.
Massive drop on small volume yet again. My, those who went short on this really know what they're doing. Even Tosca are sitting on a massive paper loss at this level. I'm now more than 80% down. This share's a joke. The only bigger joke is the BOD and that feckin' idiot BM with his phony inflection point.
Massive drop on small volume yet again. My, those who went short on this really know what they're doing. Even Tosca are sitting on a massive paper loss at this level. I'm now more than 80% down. This share's a joke. The only bigger joke is the BOD and that feckin' idiot BM with his phony inflection point.
... and not to mention soul destroying.
I expect that JPMorgan Assets short will show an increase in due course. This will be pushed below 20p in the next few days/week. they'll push towards cash value. And I'm sure Tosca will be really disappointed that the remaining share they need are going to be the cheapest yet for them. The original short back in May appeared when Griffiths had done his buys and this has certainly helped to first drop and then supress the price for the last 6 months as Tosca's made their purchases.
MM's.
The market clearly doesn't agree with you Rusty.
Over on iii the oracle(s) (big bear and sobeit) reckon these figures are pretty good stuff after all, so I guess I was wrong when I suggested they were a bit underwhelming.
at 13.45p per share approx. And falling.
Decidedly underwhelming. Not even a suggestion about when we might move back into profitability/ My guess is a significant short increase to push the price down further, courtesy of JPMorganAssets. This certainly isn't going to fly based on any news just given/ All IMO.
Me too.
Why does anyone think that next week's update is going to do anything positive for the sp? The update is only to confirm the figures already anticipated on 9th October for the period leading up to 30th September. The last time figures were updated like this (the Final results for May) they were slightly better than anticipated in the previous trading statement but didn't do jack-5hit for the sp. There's not likely to be an unexpected jump into profit or anything remotely near that. And even if there's a positive trading outlook it can only really cover the period from 30th September to the 17th November which is less than a month and a half since thelast set of figures. Let's be real. This share's going nowhere until the comany moves back into real profit, and that's still some time in the distant future (I hope so anyway). By then Tosca will be helped over the 30% winning line by the drop that's coming next week. Let's face it. We're all going to get shafted before this is all over. Like Rusty, I'm prepared to see this one play out, in the vague hope of a miraculous recovery. But I'm not holding my breath. This is going to get taken out by Tosca, and Griffiths, who hasn't bought any for months and months and when he did aid over 30p per share average I reckon), will do alright, as will Mike Lynch, and the others (including JP Morgan, who'll get a nice cheque for dropping the sp to allow Tosca to do all this at a cut price rate). It's crony capitalism at its worst IMO and the one's who'll pay are us (but not sobeit and Big bear over on iii who'll still somehow manage to turn it into a success story). All IMVHO of course
Some might think they're working together Rusty. I couldn't possible comment.
JPMorgan Assets still have their short open on blinkx, and never closed when the price fell well below its current level. My guess will be that the update will indeed be flat and the sp will tank again, with a little help from their mm friends. The shorters have consistently called this right for the last couple of years. This will of course help Tosca and co if they want to build up their holdings as expected as well. I hope I'm wrong too.
By a quite remarkable co-incidence Lambrini Girl apeared 5 minutes later to point out the following: Lambrini Girl: "SELL 36p target 12p<<<hit 14p..near enuff for a BANG ON!!..nice bounce off the buyzone." Blooming heck, I guess he/she must even read the LSE board despite the dross posted on here.
(Cont... "It wasn't the product that caused the market to kill the price; it was the load of rubbish that Edelman wrote, which he later had to retract, that caused the market fall and Blinkx has still to recover from that. However, Edelman did have one benefit and that was for Blinkx to make sure its act was clean. It could not counter the "mud sticks" attack by Edelman but it has certainly done so since then with all the layers of security and product improvements it has now implemented in its products both pre and post and its focus on mobile. So, to the person who thinks I have made a huge loss, when did you last see Blinkx at 12p or anything like it? So put your brain between your ears and just look at the logic. Even today's price is still well above the 20p average that it was in 2008/2009. In the years from 2007 to today, Blinkx has rocked and rolled with the advertising, video market as it has evolved. What I like about them is they have the nous, the intellect and the products to go with the rolls and to come out with best of breed products. How many others have spent billions and failed in that? We are now in the "last man standing" scenario with these advertising products. The companies trading in the "pig swill" of programmatic of which there are hundreds and where CPMs are sold for peanuts will die deaths and will be killed by the "adblockers". Blinkx, on the other hand, is concentrating on "premium content" and that is where the real money will be made. So, lets wait until 17th November and see what the market says then. If Blinkx is on track, the losses are at least diminished or removed and the future looks bright then we can expect a good rise in the price. As for the insinuation I might be "Big Bear" in disguise, that would actually be in contravention of the rules of iii and just to put your mind at rest I am not but I do give him credit for having a level of understanding of what Blinkx is about which has obviously gone straight over the heads of the "dogs", flea bitten or otherwise, that reside on LSE." Well. There you have it. I was wrong and gdog's a bit of a fibber. He's made profit all the way. He apparently hasn't been in and out after all, despite me thinking I'd read earlier comments where he said he had. I was obcvciously mistaken and apologise with great sincerity.
Here's the response to my earlier post about sobeit and big bear just posted on iii. I thought it only fair to post his response here in his own words seeing as I made certain inferences about him/them. "When I have nothing better to do, I sometimes have a squint at LSE to see if there are any signs of intelligence there. Suffice it to say that when I went there today I found out that the flea bitten dog was still gnawing road kill over there. He has the temerity to claim that he and I had a barney back in 2009. If that was the case, which I don't remember, then it is clear from his vitriol that he lost big time. As for me, I never remember what he says or said because it is always so trivial due to his addled brain. I also note that somebody on LSE claims I have always been wrong about Blinkx and that I must have lost big time. Well, just to inform them, I bought into Blinkx when they were 12p to 14p after they had floated at 40p, staged to 60p and then fell like a stone in the region of 12p to 20p where they remained for nearly a year. People, like myself and Safari Norman were two early buyers of Blinkx shares starting back then because I believed in Mike Lynch, his philosophy and his products and how Blinkx was a product for its time. Now, how could I ever lose since even in the bad times Blinkx always traded above 12p and mainly around the 16p level and if I was to say how many I bought, it would bring tears to their eyes. And obviously when they went from 12p up to £2.30p, it would have been sheer greed and stupidity not to cash in on the way up and likewise to have bought on the way down after big drops since I have always been certain that the Edelman farce was a means of a "killing" by a paid for bit of rubbish. So, my average is still well covered at today's prices and I expect to make a big killing after 17th November when I believe the price will again start to reflect its true value." (Cont...)