The rise and fall of U.K-based Quindell PLC (LON:QPP) has been spectacular to watch this year. Qunidell, previously known as Quindell Portfolio, provides software and consulting services to the telecom and insurance industry and has been the target of a public short attack by Gotham City Research. The research report led to a shakedown of Quindell's share price which wiped out its entire gain for the year. Gotham said that Quindell is worth only 3 pence, the stock closed at 18.5 pence today after a 3.5% loss.
Laffont's Coatue shorts 0.53% of Quindell...
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