Carson Block Reveals That He Is Short On Blinkx, Shares Dive 15%

Carson Block is shorting British video ad company Blinkx Plc (LON:BLNX), but this time another researcher beat him to the punch. Benjamin Edelman, an associate professor at Harvard Business School, wrote a blog post detailing his evidence that Blinkx Plc (LON:BLNX) is engaged in black hat traffic generation that is unsustainable in the long run, recommending that people short the stock. Carson Block interview Carson Block said today in an interview on Bloomberg’s In the Loop that his research firm Muddy Waters had been working on a short thesis themselves and shorted the stock as soon as they heard about Edelman’s…