Well said Crosian. My thoughts too. It is so easy for a Quindell to rise on pure speculation and then fall from the sky like Icarus. The old rules of investment still apply. You need to fully understand the history of a company ,and Quindell had little, BEFORE you commit to it particularly when you are using other people's money. More fool us for hanging in there when at the first signs of trouble the instos and other large holders vacated in a fire sale. In hindsight, there were warning bells everywhere . This is why I do not think that actions taken against advisers will get very far at all. The buck stops with senior management in this case.
SGH Price at posting:
8.4¢ Sentiment: None Disclosure: Not Held
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