Friday 20 February 2009

Just a reminder of how utterly clueless Blinkx management are...

Remember how the company has (so far) completely failed to officially announce via RNS the movie content recently added to blinkx.com? Well those with even halfway decent memories may remember that they failed to RNS this too, from July of last year:


That was massive news and yet they didn't RNS it, they didn't RNS the movie content they just added - in God's name why are they so utterly determined not to announce any good news that might relieve the pain of their (very) long-suffering shareholders? Just how clueless are the people running Blinkx? The stock is manipulated day after day while the company and its Nomads stand idly by and do nothing. The market goes down, the Blinkx share price goes down. The market goes up, the Blinkx share price goes down. It is at a third of its IPO price and shows no signs of moving despite Chandratilake's best efforts to talk up the company (do you get the feeling that after the Miva fiasco nobody believes him? Yeah, me too).

Bring on the takeover. Sack the uselesss incompetents in charge of this company and send Chandratillake back to the tech department where he belongs - because he clearly hasn't got the first idea about news management, managing shareholder expectations or delivering shareholder value...
 

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