By Steve Moore | Tuesday 29 April 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.
Having at the end of last week published its “detailed response” to the critique earlier in the week by Gotham City Research LLC and stated “it is the intention of a number of the directors to purchase shares in Quindell once they receive clearance from the appropriate regulatory bodies”, Quindell PLC (QPP) has now issued a flurry of director purchase RNSs. Are these meaningful?
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