.

Buy low and sell high is the message ( able to buy at 102.40p )

A company with diversified and well managed, will provide great returns to investors over time.

Forming a floor on the chart as the Indicators are moving higher

Disclosure: I have a position in this stocks since this morning.

mamborico been thinking about topping my ISA up with them but i would have to sell something else to do that....nothing i want to sell at moment.

http://www.proactiveinvestors.co.uk/companies/news/42461/xcite-energy-says-drilling-is-progressing-satisfactorily-update-42461.html

Seymour Pierce has a ‘buy’ recommendation on Xcite, targeting 242p a share.

Meanwhile fellow City broker Oriel Securities also rates the stock as a ‘buy’ and analyst Nick Copeman reckons the stock is worth 180p per share (risked NAV).

On AIM today Xcite shares edged up slightly to trade at 102.75p each.

http://oilbarrel.com/news/xcite-energy-keeps-busy-as-it-prepares-for-key-extended-well-test-at-bentley

May 08, 2012

Xcite Energy Keeps Busy As It Prepares For Key Extended Well Test At Bentley

Ah, peace and quiet.

.

buy buy buy.,.

http://www.oilvoice.com/n/FoxDavies_views_from_the_trading_floor_Range_Resources_Ophir_Energy_and_Chariot_Oil_Gas/f1246cfcca2f.aspx

Xcite Energy (LON:XEL) slipped 4% to 85p during early trading, along with most of the market. The shares have slipped from just over 180p back in February, down to the current level. The next major support line I can see is 83p, and if that is broken it would appear that 73p would be the next major level to watch for thereafter.

Nearly getting to pre-Bentley discovery or testing days......just ridiculous this sp now...

On the rise.

Wonder if cash is moving over from rrl,rmp ?

was about to comment on same .... just possibly an rns after the close

Something brewing as well as my cup of tea cynic.

anybodys guess maybe MM's playing friday games?

Yesterday morning Xcite Energy tested a low of 73.5p, a 52 week low, before reversing sharply and finishing the day up 9p or 11% at 90.5p. Volume was strong with nearly 9.6 million shares traded

http://www.spreadbetmagazine.com/blog/2012/5/19/xcite-energy-tests-the-depths-with-a-new-52-wk-low-then-rebo.html

Nice to see a rebound.....I've been gutted by the drop having bought much higher !...

i am very gloomy and see nothing escaping what i am sure will be a total bloodbath tomorrow morning ...... with luck, i'll be proved totally wrong with a strong dcb allowing exit at better prices for a very short time

sorry cynic i hope you gret your exit point gl

i am now of the opinion that markets will head sharply south certainly until after the greek elections and quite possibly beyond that, though assuredly not in a straight line ...... that being so, i would rather crystalise some losses and sit back and wait with a very a tight portfolio .... it's very easy to get sucked in to throwing good money after bad

cynic i work for citi that is the expectation if already in hold and wait for the bounce gl