UK 14:36 Monday, 26 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.
In this BearCast Special I explain exactly how Equities First Holdings LLC operates. When it sells the shares AIM directors transfer to it and why that means that ALL of the AIM directors involved have broken the law. That is Quindell (QPP), IGAS (IGAS), Cloudbuy (CBUY), IQE (IQE) and Angle (AGL). There then follows the misleading statements. But then I turn to the negligence of Nomads, Cenkos, Canaccord and Hanson Westhouse and why that should be career ending for some. And the to why Equities First and its employees should be struck off by the FCA. This scandal is enormous and for many involved professional disgrace is the least of their worries.
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Comments
Woody
Tom, until you actually see the register, you don’t KNOW Equity First sold ahead of the RNS, who has sold at all. At the moment some of your allegations are based on assumptions rather than evidence. You may well be right but don’t you think it would be better to wait until you have evidence?
Pimpi
Tom if like you said they are selling the shares in order to pay QPP directors why do they need EFH? they could of come to me and I will buy the shares from them with a much better rate ?
Larboulois
I find this whole episode(s) unbelievable. Multiple sources (yourself, Lucien Miers, the press etc.) essentially making the same allegations in letters, blogs and articles etc. . . . .
Equally unbelievable is the fact that, at the moment, none of the regulatory bodies seem to be doing anything one way or the other.
alcira16247
Tom
Re: Quindell
Fidelity have blinked first!
Triggering panic selling at auction…… 50 pence by Friday?