I am afraid this stock and its bizarre situation does not make any sense. Logic , reality , and fundamentals have gone. This sort of thing can put investors off equities for life.
Not a good deal for shareholders. Looking for these to go towards the £1 level.
loosen up curlykev. We all need a laugh. It sort of stops me crying after a tricky month in blinkx.
up 4.5 today. The excitement is making me giddy. Shares like this collapse in days/hours and then slowly climb the wall of worry.
fp. You are a genius. Never heard of the 4hr res. Oh well we never stop learning. Lets hope this baby has changed tack,
Do we have a change in momentum?. Tempted to add but all these recent rises have fizzled out. But maybe now?
Come on blinkx .Eventually after five weeks of pain ,worry, sheer frustration for bulls of this share it is high time for some gain after all that pain.
As I said yesterday this share is in the grips of alogrithmic trader(s). These guys have endless buying/selling power and powerful friends who earn lots from them. Forget market maker games and edelmans visit. This is all history. This situation will sort itself out and blinkxs trading pattern and share price will return to normal. Patience needed for big returns around the corner.