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BLINKX-new to the market--the next google?? (BLNX)     

moneyplus - 25 May 2007 15:19

I got some free shares in this one and also topped up on the profit taking. It's been all downhill so far but I feel this one could take off very quickly or be gobbled up by one of the giants. Anyone else joining in the wait and see brigade??

Clubman3509 - 09 May 2008 08:27 - 156 of 272

I could kick myself. Tues this week I intended to buy at 18p but thought it would go down to 16. Stupid me today it is now up nearly 100% to 36p

dealerdear - 09 May 2008 08:29 - 157 of 272

Well done to everyone in.

This is just a raid by someone so I hope you've locked in your profit.

chessplayer - 09 May 2008 10:43 - 158 of 272

I don't think so.
the news out, is that Rupert Murdoch is looking at a 60p per share bid.
There must also be serious competition also from the likes of Google and Microsoft

moneyplus - 09 May 2008 10:49 - 159 of 272

Just logged on---wowee! Great start to the day can't wait to look at the others now.

moneyplus - 09 May 2008 10:51 - 160 of 272

Don't think AU. would let their stake go for 60p---the bidder would have to go way above that!

chessplayer - 09 May 2008 11:05 - 161 of 272

Absolutely.After all,they floated at 45p and they were at 67 on the very first day.
not too many months back,the broker set an 85p target.

dealerdear - 09 May 2008 11:19 - 162 of 272

Stand by what I say.

If a bid doesn't come in this will go back down again.

chessplayer - 09 May 2008 11:26 - 163 of 272

I expect their is something to that.However ,with all the deals falling in place,the results should be impressive.

moneyplus - 09 May 2008 11:46 - 164 of 272

I'm staying in as I think we've turned the corner--the results are key. The market potential is massive--bid could be coming--the city boys suddenly waking up to this one. pays your money takes your choice!! I know from chats I've had that funds were not interested in this one until the deals started coming in plus they admitted they didn't understand it and couldn't be bothered to thoroughly check it out as it was too small---fund managers like to play safe mainly but the signs definitely look promising but then I'm long so I would say that----DYOR!

hlyeo98 - 09 May 2008 11:53 - 165 of 272

BUY BUY BUY is the message

Toya - 09 May 2008 11:59 - 166 of 272

I've topped up today. What Moneyplus says about the fund managers makes a lot of sense - everyone thought it all sounded too techical and far-fetched at the time of floatation and gradually the city is realising the significance of what Blinkx does

dealerdear - 09 May 2008 12:13 - 167 of 272

Sorry to be the negative here and I'm certainly not attacking the cy just a comment on the sp.

This is all IMO of course.

The rumour is probably false and has been deliberately instigated so that someone can make loads of money of it. There were rumours of other companies yesterday such as DAN and the sp has not taken off the same. Even if the rumour is correct, for a 60p take-out the sp has only reached 35p and that is when all this news is fresh. Thus unless it materialises or is substantiated/reinvented over the next few days, the sp will retrace.

I have no axe to grind and congratulate everyone who has made money in it. To make a profit in this market is excellent but I've learnt the hard way that the golden rule is once you've made your profit, bank it. Nobody can then take it from you. As moneyplus says though --- DYOR

halifax - 09 May 2008 12:30 - 168 of 272

dealerdear you have made a very valid point it may just be a coincidence timing wise but BLNX's AIM admission document states that both Autonomy(10%) and Mike Lynch (8.7%) are free to sell their shares after 360 days from 22nd May 2007.

dealerdear - 09 May 2008 12:47 - 169 of 272

Halifax. presumably you are making the point that a potential bidder is buying those shares up?

halifax - 09 May 2008 12:53 - 170 of 272

Possibly as they are likely to have to sell them to an institution otherwise in view of the size. That is of course if they want to sell at all. Dont forget the old maxim buy on the rumour etc!!

gibby - 09 May 2008 13:29 - 171 of 272

60p will be achieved and very surprised if not exceeded

halifax - 09 May 2008 13:40 - 172 of 272

RNS BLNX directors have no knowledge of any takeover bid.

hlyeo98 - 09 May 2008 14:16 - 173 of 272

oh dear...this has roll back down...false rumours have occurred. I just sold nursing a loss

hlyeo98 - 09 May 2008 14:21 - 174 of 272

Blinkx moves to quash bid rumours - AFX

LONDON (Thomson Financial) - Blinkx Plc. issued a statement saying that it 'is not aware of any external bids or bid-related reason' for the recent rise in its share price.

At 1:32 p.m., shares in the software developer were up 2-3/4 at 27-3/4, down from an intraday high of 38-1/4.

The company's shares were boosted Friday by rumours swirling around of a 60 pence per share takeover for the company, possibly by Rupert Murdoch's News Corp.

TFN.newsdesk@thomson.com

moneyplus - 09 May 2008 14:38 - 175 of 272

I'm still holding for the results--any time soon. Microsoft, Google and News Corp are all well aware of the merits of this co. and have sniffed around before---only a
matter of patience IMO.
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