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 PLC (LON:QPP) Short interest has been steadily climbing up since March…
Tiger Cub Coatue Shorts Quindell PLC (QPP)
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.