I agree with you Traderfan. I am not saying that is the case, and recognize that it is merely speculation, but it is a good guess nonetheless. Those who have some cash sitting on the sidelines could have picked up some of these oil stocks, but I am sure there are many who needed to liquidate from SIAF in order to free up some funds to take advantage of the oil situation. I am not saying that is a smart idea considering the potential news that could be coming out of Sino Agro literally any day now or that Sino Agro is still considered much more undervalued than oil stocks, however, I can understand that some may think that they can reap some short term benefits from this oil situation and return back into Sino Agro. In my opinion timing the markets like this is always risky and they are assuming they can quickly make some money on oil and then come back to the same prices in Sino Agro. If there's one thing I've learned about markets it is that trying to time things is impossible over a long term and extremely risky. Personally, I would rather just sit on the most undervalued investment and wait for it to go up. But like I said, other people do not invest the way I do and what you have proposed is a good explanation for the price of SIAF lately. Regardless, prices in the 70s right now are like an early Christmas present for me and I have enjoyed it quite a bit!
