Hoodless Brennan rates Blinkx 'Speculative buy'

Binkx (BLNX, 19.5p, £54.2m) The world's largest video search engine, announced that, as part of its existing partnership with ITN, Blinkx ‘powered’ advertising is appearing on the Express group's UK websites (Express, Daily Star, OK! Magazine, new! Magazine & Star Magazine). Not groundbreaking newsflow but a timely reminder of Blinkx’s growing acceptance and market position which could make it a major dotcom success story. Very much still in the growth phase the company continues to be at the speculative end of recommendations but we continue to see attraction. SPECULATIVE BUY

from Proactive Investors

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And the buyers flooded in. Oh, no, hang on, they didn't...