RE: Good old TD of Old.22 Aug 2020 00:50
the problem is people forward sell the cheap RI shares and the SP falls to the RI price whatever that is. and maybe below it. some recent examples are Ted Baker (TED) and William Hill (WMH).
poor end of week close for the oil price. expect some downward pressure next week. and if key support breaks then it could be carnage for oil stocks.