.

m
thanks for your response. i agree with you, it did.
i suppose i posted as being one of the many, rather than one of the few.
what hope for us?
regards to you
jkd

jkd

I try not to bullshit ,its a game of cat and mouse,the cat has caught me bad since New Year.

RKH is the share to hold at present hence my big ears come in handy,my ears hear diffrent noises to iii at present, one of us is correct.

You have to wait to get the cream hence late this week news or better still next week

If am wrong u can call me what you want am 48 hours behind some times a lot changes in that time.

Maybe best i dont post

This will bounce back-totally oversold on sound fundamentals.

not if they need cash it won`t

Xcite Energy announces Analyst Presentation

22MMstb reserves at $10.40 per barrel is $22,800,000.

72MMstb contingent resources at $9.10 per barrel is $655,200,000.

Total $880,000,000.

This is approx. 552,000,000.

Add in cash of about 27,000,000.

Total 579,000,000

With approx 165,000,000 shares in issue = 3.35p a share

Its a bloody bargain with sound fundeamentals sediment will change it may just take time.

http://www.xcite-energy.com/docs/XEL%20Analyst%20June11%20v4%20FINAL.pdf

Analyst presentation above.

Picked itself up and blue at the mo, relief as thought at one point it would tank to a 1 but seems to be holding.,.

Don't say that.

Hope its the bottom,at least there doing the rounds in the city.

markymar reserves are never proven until the oil is in a tanker!

Why are the surplus shares not being sucked up by the city/institutions,by the million.
Its an unbelievable buy. Are they waiting for something, or am I missing something?

the bounce is on today on a strong buying spree now

MACD is ready for a crossover of the line

This is looking very good, glad i sat on hands and stayed put, might be expensive to get back in at the mo ....15p up ....little yyyyeeeehhaa.,.

http://thesharehub.com/?p=2790

Worth a read

Certainly worth thinking about, well done mark.,.

Just seen graph there rococo its better than RKH its looking Bearish

Bullish Engulfing Pattern is a pattern characterized by a large white real body engulfing a preceding small black real body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. The Bullish Engulfing Pattern is an important bottom reversal signal.

So am going to fall totally flat on my face tom or RKH and XEL are going to fly

Graph wise in my limited understanding.......i may get some of my hard earned cash back

Do you really know what your on about marky or is it a drop of vino talking.,.

markymar

the last couple days the closing candlestick have given a ..........

BULLISH PIERCING LINE

Type: Reversal
Relevance: Bullish
Prior Trend: Bearish
Reliability: High

Bullish Piercing Line Pattern is a bottom reversal pattern. A long black candlestick is followed by a gap lower during the next day while the market is in downtrend.
The day ends up as a strong white candlestick, which closes more than halfway into the prior black candlesticks real body.

m
you are quite right.but what we have here is even more promising if long.
its what us bar chart "old uns" used to refer to as an outside reversal, before these candlestick things were discovered and published.its all "same meat different gravy stuff"
nothing new in this world. LoL the description " outside reversal" seems to me to be more immediately obvious than "Bullish Engulfing Pattern" the meaning of which has no doubt but may require further investigation as to where we are likely to find it on the chart.
price opens below yesterdays low (a gap ) and closes above yesterdays high.thats outside both yesterdays low AND high hence outside.it does also indicate a potential reversal the opposite would also be true at a high level. a weekly is more powerful.
Caveat, the importance of true accurate data.which is why many are prepared to pay for it rather than use free data. it can make ALL the difference. i hope it flys.although i do have my doubts.
regards and good luck
jkd