don't buy quite yet
The oil giant's rating has been cut by six notches, from AA to BBB http://news.bbc.co.uk/2/hi/business/10318547.stm
probably still a way to fall once companies loose their high grade status certain hedge funds pension schemes are not allowed to hold it if it's rating gets cut too much people will be forced to sell thus massive downside pressure
@dicki started
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don't buy quite yet
The oil giant's rating has been cut by six notches, from AA to BBB
http://news.bbc.co.uk/2/hi/business/10318547.stm
probably still a way to fall
once companies loose their high grade status certain hedge funds pension schemes are not allowed to hold it
if it's rating gets cut too much people will be forced to sell thus massive downside pressure