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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

.

gibby - 10 May 2011 12:50 - 1546 of 3002

240 gone - if this goes sub 230 gonna get me a load more!!

gibby - 10 May 2011 12:51 - 1547 of 3002

at this rate that will be in a few minutes!!!

hlyeo98 - 10 May 2011 12:55 - 1548 of 3002

no rush... I think there's some bad news coming out soon.

700202 - 10 May 2011 12:56 - 1549 of 3002

come on WHAT I missing in the news?
Please do not say brain!!

hlyeo98 - 10 May 2011 12:57 - 1550 of 3002

cynic, what happened to you? Buying at 260+???

cynic - 10 May 2011 12:58 - 1551 of 3002

the share has gone into free-fall whether justified or not and for my many sins i have just taken a bad bath on much of my holding at 237 - at least that's more than where the damn things stand now

hlyeo98 - 10 May 2011 12:59 - 1552 of 3002

You were too hasty, cynic.

Sequestor - 10 May 2011 13:01 - 1553 of 3002

this has to be suspended soon and investigated.

hlyeo98 - 10 May 2011 13:02 - 1554 of 3002

Suspension will cause more suspicion and fall further.

halifax - 10 May 2011 13:05 - 1555 of 3002

the knife is still falling!

hlyeo98 - 10 May 2011 13:06 - 1556 of 3002

But remember XEL was recently only 50p.

cynic - 10 May 2011 13:10 - 1557 of 3002

maybe, but history has taught me that it is often better to take the hit than to just sit and hope for the turn-around ...... i certainly thought that the 200 dma at about 245 would provide some support, but hahaha!

MR S - as a great fount of wisdom, please tell us all why the share should be suspended, and better still, why it should be investigated .....

there is no conspiracy or any other nonsense
i for one, did not think the rns was negative, but the market thought otherwise ..... as a result there have clearly been a lot of forced sales and no eager buyers to mop up ..... at some level, it will no doubt reverse, even if only briefly - see EO.

gibby - 10 May 2011 13:18 - 1558 of 3002

glad i didnt top up at 230
no reason for suspension - multitude of reasons for mass sell - never thought go this low - waiting for bounce signals - still waiting!!! glad i got some pic today to balance this some what - but the rns wasnt even bad!! just slightly lower than expectation

gibby - 10 May 2011 13:18 - 1559 of 3002

180 to be tested!

cynic - 10 May 2011 13:21 - 1560 of 3002

at current levels, my holding is little more than "norm" - unfortunately!
for sure there has to be a level at which the greed will overcome the fear and the shorters start closing, but where?

hlyeo98 - 10 May 2011 13:22 - 1561 of 3002

I still think some seriously bad news on the horizon.

cynic - 10 May 2011 13:25 - 1562 of 3002

it's not often you think there'll be good lol
it's certainly conceivable, especially if you are a conspiracist, that the management saw the rns as the "good news" before the "bad" at the AGM

gibby - 10 May 2011 13:25 - 1563 of 3002

doubt it hyleo

i got more 185 - had to lower avg - now bouncing

cynic - 10 May 2011 13:27 - 1564 of 3002

i don't feel brave enough any more, though you may well be right
if it wasn't for this poxy share, i'ld be having another really good day on the market, but hey ho

gibby - 10 May 2011 13:31 - 1565 of 3002

thanks - yep didnt see this coming - was a good day - most of today's good work gone in here unless it bounces beyond 226p for me here - then ok! hope you doing good elsewhere
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