By Lucian Miers | Saturday 17 January 2015
Disclosure: The author has a short position in one or more of the shares mentioned. 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.
Quindell (QPP) has had a good few days after it emerged that Toscafund, a UK hedge fund, holds 5.4% and upon the appointment of some fairly ropey NEDS, one of whom has already been involved in a mini scandal since he joined Quenron. The shares have tripled from last month's lows to value the company at £393 million, not bad for a concern whose founder has very publicly been involved in all kinds of fraud and skulduggery.
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