.

Being the percentages player i am ,l crystalized some healthy profit at 272 ish after only buying on friday at 225p level .........nice ;-))......but after doing a lot of number crunching l bought back in on the fallback to mid of 253p i couldnt resist another bite of the cherry so back in at 255 .. ....Everyone seen the Goldman Sachs note this miserable morning ref. to mergers and aquisitions in gas/oil sector ? - naming about 50 stocks that "Big Oil " has in their sights . Xcite got a very positive write up as did nearly all junior oilees ..A noteable exception which has proven very popular on BBs was GKP which G/S downgraded to SELL..- but considering where it operates i am hardly surprised...........XEL reminds me very much of Dana and Tullow whose initial success in North sea led to them both becoming global players ( Before, of course, Dana was swallowed up ............

Bought any more AFR " J "

Worth a read :

http://boards.fool.co.uk/xcite-new-broker-valuations-12088518.aspx

.

l havent actually Roly .Currently on a free ride with AFR after selling 50% not so long ago . lts come a long way since i initiated a thread on AM @ 39p what seems years ago ; and is now virtually unrecognizable to the company into which l then bought into..../ What with probs with security for their staff who are forced to live in virtual prisons protected by the millitary and regular sabotage on upstream oil infratructure in Nigerian delta coupled with characteristic massive scale of corruption weighs perhaps a tad unduly heavily on my mind.But not thinking of buying any more as yet . ..... lnterestingly even AFR diversifying and looking east wards for new projects...,,,,,,,,,,,,,,,,Do you have a position with XEL ?

Thought you might have topped up when they fell to 120 ish this morning. No am not holding XEL , but bought TST as a small punt .

TST ? Are they new to mkt as have never even heard of them.Will take a peek ......................... ..As for XEL/ My level 2 has gone down but mms seemingly short on stock and decided to give the tree a good old fashioned shake thearby removing those sitting on large paper profit and weak holders who bought at top of mkt earliar today .........../ current mkt trading certainly doesnt justify such a drop from intraday high ..../ Opinions anyone ...........?...

i see sp boiled over badly, presumably for no good reason other than profit-taking

Looks like heavy oil not profitable.

so have you shorted and if so at what price and how many, or is this just so much guff again? ..... other than that, your logic is illogical (aka bollocks)

Hlyoe - Nothing personal; but thats absurd. Considering this company is knowingly looking for heavy oil in the Bentley prospect that renders your last statement utterly irresponsible and meaningless and esp. without an iota or trace of evidence . What makes you say it looks like "heavy oil" of a non profitable nature ? ? Do tell. Would love to know your source as flies in the face of opinion

" J " TSTR

Well I was very busy since early today...come back at 5pm and what's going on here ?....up 24p this morning...minus 12p when I come back...I might get a long tomorrow morning....

Good consolidation period, and thats good for longer term gains.

By my estimates all the T-traders will be fully back in by 18th November, some will be back before then.

Should remain weak for 2 or 3 more days at the most I reckon. Now is just the game of waiting for the lowest low to buy a load before it moves back up.

all very unfriendly here this morning ...... as i have said in the past, this is an MM only stock, so trading is particularly opaque

Did a daft thing...sold a few and then moments later bought them back...not been able to follow ...been busy...damn....hope this rebounds a bit....

Tried to buy 15,000 shares at 214, 215, 216, 217 and no chance.

Will wait until later today in the hope of a tree shake into Canada opening.

We might have hit the bottom just now.....people like yourself will help the sp up a little, possibly...

RF, no, I do not want to buy any, I am loaded from 20p levels.

Its just if the market is going to be silly and price is going to drop down after all the good news, I might, if the price is right, buy another wedge, but only at silly prices.....

Topped up here as can't be long before news comes..

i bought some too at 223 ...... meanwhile, Nice is as lovely as ever and still sunny and quite warm