Commissioned Research

3472 days ago

Mr Noone says buy Quindell with a 655p target because he is paid to write bollocks

In the interests of balance I bring you a buy note on Quindell (QPP) today. “Analyst” A. Noone at commissioned researcher GECR reckons that the shares are a buy (no change of stance) with a 655p target. He is of course talking utter bollocks. Commissioned research means that the company pays for the hogwash so oddly enough the note does not tackle issues of accounting fraud, lying to investors, how the Q3 cashflow and cash numbers were “bodged” etc.  To quote the UK’s top share blogger Paul Scott: 

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