.

It is that Mr D,toppedd up a couple of weeks a go,when Cynic dips his toe it a good sign.

When they start to suck up the black stuff , this will move. Taught me a lot this share and I bet a lot of other investors too.

certainly volume is very heavy for this stock .... already double daily average at nearly 7m

Going long on the spreads...has to worth more than 120p....

Has broken 100p and at some point earlier Intraday BREAKOUT with volume that is what it needs to do it.

also.........

Seymour Pierce initiates add on Xcite Energy, target price 242p

Just can't seem to break away from this 100p resistance mark.....very frustrating.....some upside just has to come above this area soon....

Xcite Energy (LON:XEL) jumped 9% to 103p in early trading, and on decent volume. This have been stuck in a very tight trading range since December last year, moving between 85p and 105p. If they can finally break the major resistance at 105p then a retest of 117p could be on the cards.

good volume again.

At long last, the sp has taken offf....

RNS -

http://www.moneyam.com/action/news/showArticle?id=4309513

Not good, but we'll see.,.

Xcite Energy (LON:XEL) finally broke out of the 105 resistance today, pushing 6.5% better to 111p on decent volume. 120p looks to be the next line of resistance to watch for here, and the previous resistance at 105p to 107p could now act as a support line.



Read more: http://www.oilvoice.com/n/FoxDavies_views_from_the_trading_floor_San_Leon_Wessex_Exploration_and_Red_Emperor_Resources/a75f5e5d0ce0.aspx#ixzz1mNesLnnG

Socius are an investment company and this week have seen the shares rise from 85p
to £1 + they are not going to keep hold of them . Happy with 20% odd return.

They have sold out at the wrong time......I reckon that a revival of this share is going to continue...120p here we come...

They view a 20% return as good ( wish I could get an interest rate for savings of 20% and thats for a year) they have a return of 20% IN WEEKS. Then finance a new operation, in and out while the goings good. The rest of their funds may sit in for 30,40,50% or more, before another topslice.

Good start.

Told you so....not good timing by themselves....

zippydedoodah! ..... good call eh marky!?
have topped up twice since original call at end january ..... didn't go mad, but certainly o'weight and at today's value, considerably more so

According to smilers thread north sea crude on high of 75$ so rise here maybe on the back of that.