Monday 16 July 2018 | The view from Wall Street & Silicon Valley


Swift Transportation (SWFT) ... a touch of the chocolate orange?

By Matt Earl (The Dark Destroyer) | Wednesday 4 February 2015

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from TopStockProphets). I have no business relationship with any company whose stock is mentioned in this article.

London’s AIM has witnessed its share of odd dealings over the past year. Senior controllers of a few AIM quoted companies have dabbled in somewhat esoteric and certainly slightly crafty, sale and repurchase arrangements. The arch practitioner of this scheme was, Mr Rob Terry, former Chairman of Quindell Plc (QPP LN). He initially led market participants to believe that he’d pledged some of his Quindell stock as collateral to an outfit called Equities First Holdings (EFH) in exchange for a wodge of cash that he intended to use to buy further Quindell shares. 

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