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.
Rob Terry told the Quindell morons that he would buy shares at 180p. Today it was announced that he had sold c24 million of his 37 million shares at c40p. What more do you morons need to know?
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Comments
ADVFNPrep
“the stock is now 39p.” 25p now, QPP is going down! Ill be a little sad as this was so entertaining to follow!
alcira16247
Tom
Mr Terry just can’t be allowed to walk away from this, like his previous ventures!
Many good people have lost fortunes believing his lies and deceit!
To let him and the other parties involved in the dubious dealings of Quindell, to get off scot free will open the flood doors to every other crook to do exactly the same!
SD
Actually they didn’t announce he sold 24 million shares – just that he had gone thru a disclosure threshold and the % he has left. Yet more half disclosure. An absolute joke.
bagpuss1968
Is that Bella Emberg I can hear clearing her throat….?
toby jug
Don’t worry guys!
http://imgur.com/sOgFkGJ
colline
Hi Tom,
surely given that Rob Terry was the Chairman of QPP until as recently as 18th November , and is still to this day retained as a consultant , he presumably was still in possession of material, non public information regarding QPP. As such, what is your opinion on what insider dealing rules he would/should be governed by in regard to his most recent sale?
Russ O'Callaghan
I can’t understand why Rob Terry’s sold these shares at these prices. I mean, forty-something pence? Is he crazy? This share is at the least a Ten-Bagger and at the most…
Whoops. Soz, everybody. Wrong board. Soz..I thought I was still on QPPSAG’s site.
hell…how do I erase that…?
Everything’s going wrong today. Damned markets. Here’s me trying to buy a quarter of a million QPP and all that comes up is
“We are unable to provide a firm price for your transaction at the moment. Please try again later”
What do they mean: “try again later”? If I wait any longer there’ll be none left….
:-)
the mad accountant
Sounds like a good opportunity to top up..?
hedonista
I shall miss Quenron when it has gone to the great knackers yard in the sky. Tom’s bearcasts have been hugely entertaining and I shall be having a pizza at the restaurant when next in town. The least I can do. I also doff my hat (as an ex Arthur Andersen man – please do not laugh) to Tom’s skill in taking apart the fictitiousness of the Quindell story. Surely after this scandal the AIM market has to be reformed.