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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

.

cynic - 21 Jun 2011 11:38 - 1938 of 3002

am certainly glad i sold out a couple of weeks back albeit that i crystalised a loss, at least on the last bit i held

Sequestor - 21 Jun 2011 11:48 - 1939 of 3002

Someone elsewhere mentioned an MBO and got ridiculed, not so sure he wasn`t on the right trail, if the future IS so bright some sort of takeover is on the cards at this price.

cynic - 21 Jun 2011 11:59 - 1940 of 3002

never buy on t/o rumour .... however, there surely has to be a price at which risk/reward becomes compelling ..... 120 looks a possibility

dreamcatcher - 21 Jun 2011 15:01 - 1941 of 3002

Lets hope for a t/o

markymar - 21 Jun 2011 15:48 - 1942 of 3002

What a disaster my poor ISAs... even my nibble this morning showing losses.

dreamcatcher - 21 Jun 2011 15:51 - 1943 of 3002

The oil is there. At this rate 1 is not far off. Then we can only hope, for the sp to start to rise.

markymar - 21 Jun 2011 15:55 - 1944 of 3002

I cant see it recover for about 6 to 9 months to get to new highs not untill they start to pump the oil out.

dreamcatcher - 21 Jun 2011 15:57 - 1945 of 3002

Where does the company now stand in raising capital.

required field - 21 Jun 2011 16:03 - 1946 of 3002

I think that the bottom is now, that's why I took a small bite this morning.....you can keep on saying it's going to drop further....the fact is that at this price : it's cheap !.

Sequestor - 21 Jun 2011 16:06 - 1947 of 3002

Theres something radically wrong here the market is surging bar this one.

dreamcatcher - 21 Jun 2011 16:06 - 1948 of 3002

Most shares are cheap? Lets just hope Greece being sorted assists.

skinny - 21 Jun 2011 16:07 - 1949 of 3002

Much cheaper at 1...75p.....

dreamcatcher - 21 Jun 2011 16:08 - 1950 of 3002

Its lost a lot of confidence with the public.

dreamcatcher - 21 Jun 2011 16:10 - 1951 of 3002

I just would like it to recover for the shares I hold now. I am not purchasing any more
Xel.

cynic - 21 Jun 2011 16:20 - 1952 of 3002

RF - order book currently quite strong even if only dcb or bear covering

required field - 21 Jun 2011 16:24 - 1953 of 3002

I'm convinced that a strong rebound is coming, and I can be patient....

dreamcatcher - 21 Jun 2011 16:26 - 1954 of 3002

Good for all

hlyeo98 - 21 Jun 2011 18:26 - 1955 of 3002

XEL probably has been hyped too much.

cynic - 21 Jun 2011 18:34 - 1956 of 3002

formerly it was arguably so, but as i wrote earlier, at some point risk/reward tilts the other way

dreamcatcher - 21 Jun 2011 18:39 - 1957 of 3002

Also the time period for the drill. We all know what happens with long periods with no news.
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