.

Firming up on level 2....one of the few up today looks like it will go higher!!

rubbish! .... my short positions (ASC, DES, FOGL) are performing very well today!

Any thing will perform well when stockmarket down over a 100 points,u still haveyour holiday shorts on in Dubai......plenty of cheap cranes out there doing nothing.

no kidding - haven't seen a single active construction site ..... and not hol incidentally; wouldn't be remotely my choice for same and it's been too cold for shorts; in fact, been wearing a light sweater nearly the whole time

Probably of a Harlequin design :-)

Cynic ur in Dubia ur taking the piss with sweater....21 night time temp....... maybe the age thing creeps in as when you get old you feel the cold.......some news i think fr XEL should put i spring in ur step .................chicken legs

i am indeed in dubai and weather is not nice at all..... overcast and breezy again today,and perhaps 21/22 deg ..... last night, just about warm enough to have dinner outside, but again in (plain blue!) sweater

First from FT Alphaville

"elsewhere in the small cap world
NH
a buzz around
NH
Xcite Energy
Xcite Energy Ltd (XEL:LSE): Last: 364.27, up 10.77 (+3.05%), High: 366.13, Low: 356.50, Volume: 485.62k
NH
bid rumours
NH
and also talk the test results are much better than expected"

and then on iii from poster Aberdeen31

"I have heard various rumours around the Oil Industry since Monday there is definitely bidding talks going on.

Someone somewhere has let the cat out the bag and if it keeps going then I dare say Xcite may be forced to release an RNS with what is going on.

Some VERY price sensitive info is going about up here and its just a matter of time before it is know further a field

I am topping up at every chance before the chance is long gone.

Lets see what tomorrow brings

Just my view as always.

Aberdeen31"

come on marky; you're experienced enough to know that rumour spreads rumour .... that's exactly how ramping works giving so many BBs a deserved bad name

just call me Pro Cynic....... i do like a good rumour especialy when i hold a few, roll on Monday.

RKH should hear news there soon.

not sure if anything sinister need be read into the latest news that the rig contract has been extended yet again, this time to 11/2, but it is at least slightly unsettling

bloody frustrating .... sp could drop back....buying opportunity.... maybe.,.

Am I missing something or shouldn't there have been a CPR by now? Is something amiss? Any thoughts?

if you read 1264 and also consider the heavy gales, that might give a clue ..... i don't think anything's amiss, though one can never be certain

thanks cynic and I hope you're right!

March for CPR I think ?

Oil Barrel he said late Feb Early March

looks like faked demand for these today ..... sp is very gung-ho but volume is very light

typical XEL up RKH down

Just marching time till some news........the waiting .......shear hell.,.