With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

-12 pts at the moment, eating into my days FTSE profits.. http://www.forbes.com/sites/petercohan/2014/02/03/harvard-profs-blog-post-slashes-blinkx-stock-price-21/ Good article in Forbes

three day intraday chart shows a H&S with a target of 100p. Am expecting a brief return to 120 before a sharp drop down to 100p. The big question is whether 100 will hold or be overshot - there'll be plenty of stops taken out at that level.

It's going to 80p

Close my today's buy at 118p, a loss of 6.50p

gain of just below 20p on 1st buy
lost of 6.50p on the second

gain of about 13p at the end of this short road.

the good thing is I did not have to put any money down as they were both T+15p

note - more negative rumours around, most likely by the shorters

Dil - if it gets to 80p then it'll trade as low as 60p the same day. Plenty of fresh stops below 85p.

do yourself a favour, and learn to read a bit - i'm bad enough .... http://www.forbes.com/sites/petercohan/2014/02/03/harvard-profs-blog-post-slashes-blinkx-stock-price-21/

knickers!
should have used my nous and called in ..... for the sort of quantity i'ld want to short, they'll allow it
i suspect there'll be a bit of short closing towards close, so i'll hold fire for now

Are we going to get the end of the saga?

Forges report

What happened here?
I would guess that Edelman’s client is a hedge fund that got together with some others to short Blinkx stock before he posted his blog. Statistics from British financial regulators suggest that “several hedge funds had built sizable [short] minority stakes in Blinkx” before January 30, according to the New York Times.

I’d guess that Blinkx’s share price was overwhelmed by the power of those short sellers. And if Edelman is right that there is nothing improper in what he did — I would like him to at least disclose whether his client is a hedge fund — those hedge funds may have identified a way to beat the market

Also worth a read... I'm staying long for now..
http://www.thisismoney.co.uk/money/markets/article-2549052/MARKET-REPORT-Business-model-Blinkx.html

an interesting read as you say ..... i'm sorry to say that i'll be a shorter if the price looks right .... pissed off and much pained as i am sure many others are, as this had been a good stock for me for quite some time - i have traded it regularly thank goodness, so at least had bagged some profits along the way

Best of luck to you Cynic, the trend certainly is set on your side. No doubt I'll chop and change my position as I see fit. I've already more than covered todays losses twice over on FTSE profits taken.

at least i had the sense to cut everything this morning, even if it was well below yesterday's price
anyway, it's just one of things for which you cannot cater

tOLD YOU TO FLOG IT LAST WEEK AND yesterday.......CHART THREAD.

Rhythm NewMedia Inc. and a look at this companies assets are still rather interesting. Bottom line with the adware also is we've yet to see any fallout from brands using Blinkx to advertise or any law suits, charges for compensation or proof of costs incurred.. Early days I suppose.. Whilst some are calling this a hedging shorter conspiracy lets not forget City and Goldman analysts calling the stock higher as well as Goldmans investor tapping at 190... Technical Analysis calls short but I'm questioning if this is starting to look forced right now... There's lots that doesn't add up logically, are we expected to believe that none of the advertisers using Blinkx have questioned if there getting fair value for money? Surely you run an ad and expect queries/bookings/sales to increase by some degree of margin or have a system in place to guage success. We're coming out of the 'credit cruch' when advertising typically fell accross the board, you'd expect prudence in this field over the last couple of years, not free money neglect like in a boom...

i did sticky, or at least i sold some, bought back cheaper, sold those at an adequate profit, but did not get rid of the balance until today
however, as shortie says, there's an awful lot of conflicting "evidence"

Carson Block Says Muddy Waters Shorting Blinkx

Feb. 4 (Bloomberg) -- Carson Block, founder of Muddy Waters LLC, talks about Muddy Waters' decision to short video-search technology developer Blinkx Plc's stock. Block, speaking with Stephanie Ruhle and Phil Mattingly on Bloomberg Television's "In the Loop," also discusses emerging markets and China. (Source: Bloomberg)

http://www.businessweek.com/videos/2014-02-04/carson-block-says-muddy-waters-shorting-blinkx

probably because he was tipped the wink prior to the event

Cyners its not about conflicting evidence at this stage its all about confidence,in other words sentiment.

Having said that like i said last week the 'Grand Old Duke Of York' trading syndrome could be evident here for a short period and OK if you have the time to potter about all day watching developments.

Unless I'm very much mistaken tabasco is over on ADVFN posting as Barkboo

If memory serves he was buying BLNX at around 10-15p so should have made a nice profit (unless he's been a complete dickhead and hung on throughout).

Nah he's a complete dickhead pt who bought MDX all the way up and all the way down til they went bust.

These have the same smell of bullshite about them.