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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.
I notice that shares in First Derivatives (FDP) have been on the slide since the sad and untimely death of its CEO and founder Brian Conlon on 28th July. My sympathies go to his family and all his many friends. I see that Tom Winnifrith reckons that shares in First Derivatives represent something of a binary bet; either the whole company is acquired by an entity that buys out the 24% held now by Conlon’s estate, or the shares tank when new management come in and start looking at what First Derivatives really is…
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