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.
On Monday night I gave a 40 minute presentation in Clerkenwell in which I showed the frauds Quindell (QPP) has perpetrated, demonstrated why - despite what it says - it has never and will never generate cash and so why its shares are worth 0p. I defy anyone to explain any factual errors in this presentation. The video of that presentation is below.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Batman
KB: it is “Damp Squib”. Given the above, your ignorance invalidates any opinion you may have
Juicin Drumroll
RT & QPP MUST sue after that!
Where are the writs?
patch
This video doesn’t appear to be working, “
An error occurred, please try again later.
Diabel
…..the absence of a forensic response to the substance of your video is perhaps disappointing. However, in fairness you’ve simply reguritated all the same points. It’s all been said, except for your latest gripe about the late accounts! And your long standing conclusion that the company is really a Ponzi scheme and inherently therefore bound to fail is understood.
The question is who believes your narrative? Viewed through the prism of the descending share price you might be right. Certainly Evil does although you confirmed a family connection with Evil so you clearly have a dog in this hunt.
The key for me remains the views of the institutions. If they go to the exit it’s gonna be over fast. But if not – and a game changing RNS emerges – a swift and real recovery is possible. I read that Evil says qpp is gonna be finished by Xmas. Is that your view?
Slim McFizzlebeef
35 mins in,
the reference to £5.6m profit made by TMC “by coincidence” matching the stated figure by Quindell from its largest customer…
Is there a source for TMC having made £5.6m or is it guesswork?