why oh why is it falling

[TheoPrinsloo]

The rand is weaker and oil price is soaring - why the hell is SOL dropping when it should be climbing? Anyone care to explain?

[asylum]

Come on you cant be serious 0.5% down and your crying share price gone up over R 200.00 per share in a year, greed kills.

[TheoPrinsloo]

i know its not a big fall jackass, but want to know why it is not climbing. SOL is heavily reliant on oil price and rand/$ and both are in its favour so why is it not climbing

[asylum]

because its run out of buyers willing to pay the price. (for now)

[Wizard]

nothing will climb when the markets are selling off. fundamentals just go out the window at that point

[TheoPrinsloo]

thanks

[HungryPunter]

And you kept on going and helping him with an answer enven though he called you a jackass?

[#8]

Theo, have to agree with Asslym here. Sol is looking waay expensive. Due a pullback. Also, it tends to front-run the oil price - it prices it in on anticipation. Price goes up, then oil rises, dudes bail to take profits, selling onto honest joes who figger now's the time to get in on the rising price..