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??
Toya
- 12 Nov 2007 07:41
- 39 of 272
Many thanks Mark!
hangon
- 16 Nov 2007 16:03
- 40 of 272
I think stocks should be considered like "Art" - only buy what you like, since it may go down in value....
The whole basis of this stock is the watching of video-clips and I remind others that only a small amount of the company was floated - so your investment represents a very small amount of the whole and yr voting rights are almost nil.
Furthermore this is a US-stock and knowing how keen they are on "start-ups" I cannot understand why they wanted to come to London for their money - so I'm not in yet until I can see which way it's going.
I'm not convinced by the Meta-tag arguement, since I understand they are no-longer used, having been hijacked by programmers attempting to raise their search-engine listing. Sites like Google look at the traffic and the number of links, on the basis that a serious website will be part of an active network.....however, it won't be long before programmers buy block-sites so as to pitch-in plenty of links. I suspect that is why (looking at traffic and time-spent, etc.) is a far better guide to the relevance of a site.
It might be that Microsoft would buy them out ( they've got enough cash!), however, it would be easy enough for MS to re-invent the techniques used. Only when Blinkx is a "must watch" site would anyone be interested in their customer-base, is my take.
Since Microsoft "knows" just about everyone that's OnLine, I doubt they really need a few more. At least for now, IMHO.
tau
- 16 Nov 2007 20:58
- 41 of 272
I was talking to a friend of mine who works in online publishing recently about the development of new web technologies and, more specifically, the emergence of Web 3.0 or 'The Semantic Web'. Not being particularly well-informed about web developments it was explained to me that the current system (Web 2.0) of text and data will most probably be superseeded by a system able to, for example, comprehend the exact question set to it in a web search and return a highly accurate, personal and conscious response to your search query. The result of this conversation made me realise just how primitive, and potentially obsolete, the current Google system of text-based and meta tag searches could be. It also triggered memories of a Citi note about a small company that used semantic language searches but was apparently yet to be fully understood by the city. After digging around trying to educate myself of the future of this current and seemingly very young web I couldn't help think that Blinkx has patented its search facility and that, even as it currently stands would be one of very few tech companies able to morph into this 'semantic web'. If one of the big search engines were to buy out Blinx it may be more for their patented technology than the viewer base that they have accrued. They may only have a small piece of advanced search technology but it is certainly going to be one that Youtube would like to get its hands on if only to aid with song lyric searching and relieve time consuming meta-tagging. All IMHO. I don't yet hold shares.
hlyeo98
- 16 Nov 2007 22:15
- 42 of 272
BLNX look set to drop to 15p...still too dear in this market now.
moneyplus
- 18 Nov 2007 11:24
- 44 of 272
definitely yuk!! long term however brave holders should get rewarded as it operates in a fast growing market and may get taken over---that's my excuse for staying in--not brave enough to add though but that's probably what I should do.
cynic
- 18 Nov 2007 11:38
- 45 of 272
for my sins, i have them too, but certainly no good reason to add .... that would be falling knife syndrome
Toya
- 19 Nov 2007 09:33
- 46 of 272
I must admit to having sold at 29p, when it looked shaky - albeit at a slight loss. Have bought back in today though as I'm not sure it's going to drop much further (famous last words).
hangon
- 19 Nov 2007 12:21
- 47 of 272
tau, well reasoned reply. . . except I think you are wrong.
A paatent is only worth what you can afford to protect it. In the case of Blinkx I'm not sure of their millions they managed to get from London AIM investors, but it wasn't a fortune and early-investors probably took the cash.
The big players will be Microsoft, Google, Yahoo and a few more . . . they have billions of dollars and can buy Blinkx even before the float if they wanted to.
Not sure about the web-3 you mention.
The Web is in need of serious reform and that would need to be done at international level. There are concerns over content and copyright as well as security - it seems quite ridiculous that small terror groups can use the internet to organise their activities usinig what was intended to be a social and educational link.
Whilst it is true that most search-engines are fairly poor, that is because of the way we interact with the computer. Considering the power of modern PC's they are pretty dumb when you think that a 5-year old would querey the (badly written) address on a letter they were asked to deliver....yet a computer should still regarded as an open-door when it comes to hacking, phishing and other illegal acts upon your personal data.
Many open-source programs merely ape the originals, perhaps in the belief that up-take is more important than doing the job better.
If the internet changed significantly, would Blinkx's patents still hold true. . . . and has anyone (here) seen them?
I'm not sure what the fresh excitement is about Blinkx and TV - or is this internet-based TV? Either way I'm not convinced thss is a wise investment for three reasons:
1) Small % floatation - so PI's don't own much
2) Abilty to protect patents has yet to be proved
3) I doubt that folk will pay much, if anything for the service.
On the last point - anyone (here) actually paying Blinkx to use this "must-have" technology? Form a neat queue, please.
+ Finally, WB said he never invest in anything he doesn't understand....that goes for me also.
hlyeo98
- 21 Nov 2007 15:54
- 48 of 272
18p - still dropping by 10%
cynic
- 21 Nov 2007 15:57
- 49 of 272
cut my losses this morning .... another dopey investment of mine
NickB
- 21 Nov 2007 16:43
- 50 of 272
15p looks a good place to buy 1/3rd of float price!
hlyeo98
- 21 Nov 2007 17:54
- 51 of 272
10p more likely
Toya
- 21 Nov 2007 18:37
- 52 of 272
I must admit that I sold again the day after I bought back in - and I'm glad I did or I'd have lost a lot more! Guess this won't go anywhere (but down) until it can make a profit.
cynic
- 21 Nov 2007 19:05
- 53 of 272
good girl ..... tough discipline, but very necessary in these markets
hlyeo98
- 22 Nov 2007 13:13
- 54 of 272
Still going down - 16.75p now
NickB
- 22 Nov 2007 13:16
- 55 of 272
hlyeo
I think 10p is cash level so yes thats also a good target, i will buy a chunk at 15p then if we get to 10p then buy another chunk, hold then for 2 years and see if they make it.
chessplayer
- 22 Nov 2007 17:14
- 56 of 272
What I don't grasp about the continued fall of this stock ,is why it goes down when there are about as many buys as sells.Why not up! Who decides.
Please educate me.All the news flow is good,so should it be treated as though it is a big loser?
NickB
- 22 Nov 2007 20:18
- 57 of 272
I think Blinkx must have fallen out with there broker big time as not an ounce of support so bears can keep pushing down, could see 10p next week.
Toya
- 23 Nov 2007 09:18
- 58 of 272
You could be right, although it looks as though there are more Buyers than Sellers around today.