By Tom Winnifrith, The Sheriff of AIM | Wednesday 25 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.
Rob Terry has today announced that he has bought £31,667 worth of shares in Quindell (QPP) at £1.90. Yesterday the new CEO bought a few shares. These purchases are all PR – designed to restore investor confidence in shares that are tanking. It is a smokescreen. This is a sell signal and here’s why.
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