The infamous bear raider Evil Knievil says that he has now closed out his short positions in both Quindell (QPP) and Avanti Communications (AVN). He tells me “I may have made a mistake” but he has a neutral position. Both stocks, however, remain on his watch list and he says he may re-enter the fray and it will not be on the long tack. Both he insists are hugely overvalued but calling short term moves is hard.
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