Fidelity doubles Quindell stake: Fidelity, one of the world’s largest asset managers, has doubled its stake in Quindell, in a vote of confidence for the embattled claims management company.(Financial Times, 1/07/14).
It will be intresting to see if the level of shorting of this stock starts to reduce, according to castellian capital, it stands at 5.88% this morning. If so i hope that this will be the start of a less volatile share and an environment that will allow the management to concentrate on the business and demonstate that the business model works.
About the Author
DJLJ23
Southerner living in the North, trained as metallurgist, background in IT, business cases and project management.
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