Ever since Gotham City Research LLC released its short thesis on Quindell PLC (LON:QPP) (OTCMKTS:QUPPD), investors have been struggling to understand what exactly it is that Quindell does (queue Office Space references). The company seems to have started out as a country club, moved into the tech space with lots of complicated acquisitions, and now reports world class margins. This combination of serious allegations and corporate complexity has been enough to keep many investors away, which is fair enough, but there is at least a clear explanation for why some people like the stock. “There is a bull case for…
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