Re: QPP Stream Log - Insurance technology company Quindell Portfolio...

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14:42 30/04/2014

Insurance technology company Quindell Portfolio (QPP.L) is SunGard’s top Europe, Middle East and Africa (EMEA) pick for the week beginning 28 April 2014, after its share price plummeted more than 40 percent following a research report by Gotham City Research that scrutinised the company’s profits. Despite a detailed rebuttal from Quindell, its stock currently trades at about half the value it did on 21 April 2014. Interestingly on the short selling front, the lending figures from SunGard suggest this latest share drop has not increased the pace of borrowing, nor brought about any profit-taking from those holding positions.

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