The Guvnor,
What qualifications do have exactly for posting investment advice here on this forum?
I bet you don't have any at all do you in relation to stocks and shares? Or futures and options?
I agree that the shares are probably worth selling. In fact I had sold them short last week and bought them back first thing this morning. Nice little toe in the water, but be warned.....they may not fully collapse.
Just because a stock drops out of the FTSE 100 does not mean it's price will fall further. OK , top 100 tracker funds will bin it, but other funds, ie FTSE250 trackers will pick it up. Therefore, the net effect can be upward not downward in the relegation stakes.
Still, your posts do amuse me Guv. It really is just a shame you have no experience of how the London Stock Exchange works.
Whereas others do.