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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

.

dreamcatcher - 02 Jun 2011 10:46 - 1883 of 3002

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?

rococo - 02 Jun 2011 13:22 - 1884 of 3002

the bounce is on today on a strong buying spree now

MACD is ready for a crossover of the line

Chart.aspx?Provider=EODIntra&Code=XEL&Si

Balerboy - 02 Jun 2011 13:27 - 1885 of 3002

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.,.

markymar - 02 Jun 2011 17:06 - 1886 of 3002

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

Worth a read

Balerboy - 02 Jun 2011 19:17 - 1887 of 3002

Certainly worth thinking about, well done mark.,.

markymar - 02 Jun 2011 23:06 - 1888 of 3002

Chart.aspx?Provider=EODIntra&Code=XEL&Si

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

Balerboy - 02 Jun 2011 23:19 - 1889 of 3002

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

rococo - 02 Jun 2011 23:41 - 1890 of 3002

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.


Chart.aspx?Provider=EODIntra&Code=XEL&SiChart.aspx?Provider=EODIntra&Code=xel&Si

jkd - 02 Jun 2011 23:56 - 1891 of 3002

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

hlyeo98 - 06 Jun 2011 15:51 - 1892 of 3002

The chart looking like its still on a downtrend.

dreamcatcher - 07 Jun 2011 07:19 - 1893 of 3002

Print Tuesday 07 June, 2011Xcite Energy Limited
Annual Report & Accounts 2010
RNS Number : 9506H
Xcite Energy Limited
07 June 2011



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION



TSX-V, LSE-AIM: XEL





7 June 2011

Xcite Energy Limited

("Xcite Energy" or the "Company")



Annual Report & Accounts 2010



In accordance with AIM Rule 20, Xcite Energy confirms that the annual report and accounts for the year ended 31 December 2010 were posted to shareholders on 3 May 2011. The report is available, in electronic form, for download on the Company's website: www.xcite-energy.com







ENQUIRIES:



Xcite Energy Limited








+44 (0) 1483 549 063

Richard Smith
Chief Executive Officer



Rupert Cole
Chief Financial Officer










Oriel Securities (Joint Broker and Nomad)


+44 (0) 207 710 7600

Emma Griffin

Simon Edwards












Morgan Stanley (Joint Broker)


+44 (0)207 425 8000

Andrew Foster












Pelham Bell Pottinger


+44 (0) 207 861 3232

Mark Antelme

Henry Lerwill
















Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Oriel Securities which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Xcite Energy and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than Xcite Energy for providing the protections afforded to its clients or for providing advice in connection with the subject matter of this announcement.




This information is provided by RNS
The company news service from the London Stock Exchange

END

dreamcatcher - 13 Jun 2011 18:06 - 1894 of 3002

When is this share going to stop going down. If it hits a pound I am in. 6.45% down today, ow.

cynic - 13 Jun 2011 18:31 - 1895 of 3002

without news, and good at that or a sudden change in general sentiment, there is no reason for sp to drift other than south

dreamcatcher - 13 Jun 2011 18:37 - 1896 of 3002

With you on that one. Good for future purchases. Does not help the ones I have at
320p (ouch). Cannot see anyone touching them at the moment. A few weeks ago
260p, 240p, 2 was a good buy.

Sequestor - 14 Jun 2011 07:45 - 1897 of 3002

amazing that the board appear like rabbits in a headlamp as the value crumbles, do they care?

markymar - 14 Jun 2011 08:21 - 1898 of 3002

lost over half my funds in both ISAs,thought it was a safe bet,i cant see any return now for another 6 to 9 months.

dreamcatcher - 14 Jun 2011 15:47 - 1899 of 3002

Sorry to hear that markymar. What is safe now? Sold the majority of mine when we
waited for ever for the last report. Was not happy the way share holders were
treated with delays. I do hope the sp comes back for everyone.

Sequestor - 14 Jun 2011 16:05 - 1900 of 3002

Several directors are millionaires before a drop of oil is pumped, on the backs of shareholder optimism, you couldn`t make it up in a novel.

dreamcatcher - 14 Jun 2011 16:09 - 1901 of 3002

Just hope the sp goes up as fast as it has fallen.

Sequestor - 14 Jun 2011 16:26 - 1902 of 3002

lol
it needs to go up twice as fast as it has fallen to get back to square one -down 50%
needs up 100%
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