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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??

Toya - 28 Nov 2007 07:44 - 76 of 272

From The Times today:

Tiddler to watch

Blinkx, the provider of online video search, was up p to 20p after Hitwise data showed that its market share of visitors on a weekly basis to its website in the UK had beaten Google Video. ComScore reports that it had 52.5 million unique users in October. Citigroup said that this was proof that Blinkxs business model was working.

chessplayer - 28 Nov 2007 09:56 - 77 of 272

When Blinkx announced their results,the broker suggested 80p as a price target,and it does look as though the worst is over.Still,who knows!!!!

Toya - 28 Nov 2007 10:07 - 78 of 272

I expect we'll be seeing some back-sliding along the way - it will be a windy path to the top!

cynic - 29 Nov 2007 08:49 - 79 of 272

GOOGLE
i would have preferred to start up a new thread for Google on its own, but MAM does not have US stocks n charts n stuff.
anyway, though BLNX just may make everyone a lot of money some time in the future, GOOG may be just as good a bet, even though it is already very much a heavyweight.

in May '05, sp was $218 ..... last night it closed at $692 .... that's not too shabby a performance in 2.5 years!

is there any reason why it should not continue onwards and upwards?
not obviously so, for while BLNX and the like can have little nibbles, GOOG has the wherewithal to develop the knowledge and applications and, if it sees fit, to gobble up young pretenders.

Toya - 29 Nov 2007 09:06 - 80 of 272

You're right - and I think that Google could use Blinkx's technology since it is apparently superior to their own. It's quicker and cheaper for the big guys to gobble up the tiddlers that have done the work for them - imho that is.

cynic - 29 Nov 2007 09:39 - 81 of 272

I'll take your word for it, but even if true, it does not mean that Google will want to snap up BLNX ..... if not, what then for BLNX and its sp?

Toya - 29 Nov 2007 09:43 - 82 of 272

Indeed, Google may not wish to snap up little Blinkx - wish I had a crystal ball! But in the meantime the sp will probably edge gradually upwards, stumbling along the way, while the whole online video market develops. Could be a couple of years before it comes into its own.

Meanwhile, I tend to dodge in and out of this one as I'm an impatient sort of girl! So long as I make a bit of profit each time it doesn't really matter to me where the sp is (so much for loyalty!).

cynic - 29 Nov 2007 09:48 - 83 of 272

i foolishly burnt myself on BLNX and see no reason to jump back in ...... though GOOG will inevitably have its moments, current sp is still some $60 from the year's high and looks to have good support at about $640 ...... Quantum Leap, whom i am happy to admit prodded me in this direction, has always rated the stock and has given it a very serious and interesting write up in this month's edition

Toya - 29 Nov 2007 09:57 - 84 of 272

I gather a lot of people got burnt on BLNX - sorry about that, Cynic, and I hope you'll have made up for it since.

I'm sure you're right about GOOG but I can't jump in there now - have committed a lot of funds to BRR (as you know) and a few scatterings elsewhere.

The best way to deal with BLNX is to watch the sp carefully, keep an eye on L2, watch the chart, and move in and out quickly - on the basis that nothing goes up in a straight line. If you apply that, and a reasonable amount of dosh each time, you'll keep making a profit. - This is just my approach, and I'm having to learn as I go along (having made some awful blunders myself, as you well know!).

Right: time for AZM webcast coming up now.

cynic - 29 Nov 2007 10:32 - 85 of 272

don't fret about it Toya ...... i make many investment mistakes and blame none bar myself .... as it stands, am delighted to say that my portfolio is still ahead about 10% on the current fiscal year, which considering the turmoil we have been through (and more to come?), is not bad

with regard to strategy, i certainly trade actively, but am far from convinced that the tiddlers are the way to make money, not least because most are far too illiquid ..... as a result, the spread is usually wide and if you want to sell in a weak market, you can be totally screwed or even find it impossible to trade at all.

Toya - 29 Nov 2007 10:39 - 86 of 272

Your strategy is obviously working for you Cynic, so - I'm sure you don't need me to tell you: just stick with that :)

Take another look at Blinkx some way down the line, when it looks more of a proven company to you. I read somewhere: "buy high, and sell higher" - meaning just that.

I know nothing at all about trading the FTSE and the DOW, as you do, so I just stick to what I can (at least to some extent) understand.

cynic - 29 Nov 2007 10:55 - 87 of 272

trading the indices can be very scary and one needs to watch carefully and continuously

Toya - 29 Nov 2007 11:02 - 88 of 272

That's exactly why it doesn't suit me!

ptholden - 29 Nov 2007 11:03 - 89 of 272

you aint ****ing kidding!!
Edit: Remark aimed at the old git Cynic :)

Toya - 29 Nov 2007 11:10 - 90 of 272

You'd better keep your eyes on what you're doing then pt - or you'll be back to working for someone else :)

chessplayer - 29 Nov 2007 18:32 - 91 of 272

There's only one good thing about selling at a loss.The way I see it,you then stop your fretting.
It,s as though you have had a cancer cut out!!

Toya - 29 Nov 2007 18:37 - 92 of 272

It's been a tough lesson to learn, Chessplayer, but you're quite right! And it's great to free up what cash is left and apply it somewhere else where it can prosper again.

Toya - 06 Dec 2007 17:29 - 93 of 272

Cynic: - hope you'll find this!

Good evening: I think you mentioned here somewhere that you were going to start a GOOGLE thread? And also I think you wrote somewhere else today that you were thinking of maybe cashing in your GOOGLE shares?

Well: I've just heard about the new Google-computer that is being sold in the US, manufactured by Everex. Apparently they can't keep up with demand!!

I put some key words into Google (surprise-surprise!) and came up with this link that tells you something about it - you may already be aware of it of course, but it was certainly news to me:

Info on the Google 'computer'

It's much cheaper than a Microsoft-based pc etc etc: have to find out more myself, but enough here to do your own research I hope!

cynic - 06 Dec 2007 17:41 - 94 of 272

If the powers that be would input a link that would access Nasdaq (and Dow) prices and charts, I would happily start a thread

Toya - 06 Dec 2007 17:42 - 95 of 272

Ah - right... Anyway: probably worth considering holding onto your Google shares for now.
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