But then again, this is the guy who has consistently predicted a share price of £2 a share for Blinxk by spring 2011. Not sure where he got that figure from - probably dreamed it up one night after a few too many cans of Diamond White...
To get to £2 a share by spring 2011 (say April 2011, so 13 months) Blinkx would need to add more than its current share price every month between now and then. In my view there is not the remotest chance of that happening.
I deal in fact, not fantasy. And although Blinkx seems to be doubling revenues every six months or so, there are huge questions around the company's progress, around the control of costs, around the impact (positive or negative) of the Zango acquisition (about which shareholders have still, to date, been told absolutely jackshit) and around the competence of senior staff. Until those questions are resolved there's only one way the share price is going - and it's not towards £2 a share...
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