By Tom Winnifrith, The Sheriff of AIM | Thursday 26 June 2014
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 15th May I asked whether Quindell at 20p (300p in today’s money was a buy sell or hold? I concluded that the odds were that 20p (old money) was probably the right price but the truth was I did not know. It was not a share one had to own. In light of a series of new facts, I have changed my mind and my target price is now sub 20p ( new, post-consolidation, money).
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