UK 19:27 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The infamous bear raider Evil Knievil says that he has now closed out his short positions in both Quindell (QPP) and Avanti Communications (AVN). He tells me “I may have made a mistake” but he has a neutral position. Both stocks, however, remain on his watch list and he says he may re-enter the fray and it will not be on the long tack. Both he insists are hugely overvalued but calling short term moves is hard.
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Comments
wildrides
closing his quindell short ! ……………..is he nuts ……….. “this turkey is going down” as George Bush famously uttered . Admin and 0 pence here we come .
gateway
Kudos to you Tom for posting an alternative Quindell view – good to see that free speech is alive and well here.
filthy lucre
You might get on better Tom, if you were not so stubborn, and were less offensive.
The writing is on the wall old chum, if only you weren’t too arrogant to read it.
Russell O'Callaghan
He probably is right, Tom, to err on the side of medium-term caution though. After all, there is such a pile of news about to come out which may well be mutually conflicting in the medium term, The Auditors’ report may be given a spin in any-which way and send the price down to twenty or up to a pound. The figures that are released may be astonishing (in any old direction) depending upon the style of release (“Will we go for optimism or for honesty?”), the feeling about the talks with SGH, no matter how they conclude, might inspire private investors to pile in (” We’re better off without them. Bloody Ozzies. They don’t know a bargain when they see one….).
The FCA, so renowned for their almost ambulance-like speed of response may take months to even consider actually doing something about this bunch.
It’s a punt and EK is probably just playing it safe.
Phil
Filthy Lucre
You always come on here with the same stupid sentiments. You have nothing original, no analysis, you wouldn’t know a balance sheet nor cashflow statement is ever you saw one.
By a simple act of inevitable entropy the Quindell story will come to an end. As it does there will be a last shareholder standing, the last shareholder left to be frauded and shorted by Rob Terry.
That last shareholder, the last one to be frauded and shorted by terry, that one Filthy Lucre, that one will be you.
You are not for telling, so go and not be told. It’s your money, or to be more precise, it was your money. It is Terry’s now, more fool you