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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

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cynic - 18 Nov 2010 08:27 - 627 of 3002

tosser .... if you're trying to wind me up, you'll have to do a lot better - and you'll still fail

Proselenes - 18 Nov 2010 08:30 - 628 of 3002

Just letting you know what its like when you post non stop when people attempt, and fail, to get a little more profit by waiting longer.

The same must be applied therefore to those that sell too early and miss the profit as well.

:)

Those 30K's were both buys IMO, delayed a couple of minutes with a price move up to disguise them as sells.

You should all be aware the MM's have up to 3 minutes to report live trades, and with quick bid/offer movements this can make buys looks like sells and sells like buys by delayed a minute or two to report a trade.

cynic - 18 Nov 2010 09:04 - 629 of 3002

i look at live prices on L2 ..... and at least i don't tout and tout and tout ad nauseam .... and as i said before, you do what you like with your money; why should i or anyone else care?

Proselenes - 18 Nov 2010 10:00 - 630 of 3002

But you do seem to care...... else why do you comment on what other people say and how they trade stocks ???????

cynic - 18 Nov 2010 10:00 - 631 of 3002

zzzzzzzzzzzzzzzzzzz

Proselenes - 18 Nov 2010 11:37 - 632 of 3002

Does seem to be an awful lot of deramping on other XEL boards.

Tells me a lot of people have put on a short this morning (day trading) so we should have an afternoon spike upwards as they close out their shorts.

cynic - 18 Nov 2010 12:00 - 633 of 3002

hard to know really ..... volume is quite heavy at 1.8m, but not exceptional ..... probably just assorted positions being opened and/or closed depending on the individuals viewpoint ...... i'ld guess the trading is quite evenly balanced, though i haven't bothered to check anywhere

Proselenes - 18 Nov 2010 12:04 - 634 of 3002

Starting to gain some strength again, so perhaps a rally before Canada opening later on.

Proselenes - 18 Nov 2010 12:08 - 635 of 3002

Dan the man reckons a big spike is coming, well, we all hope for that ;) LOL

http://brokermandaniel.com/

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Proselenes - 18 Nov 2010 12:19 - 636 of 3002

Cannot buy on line now.

Zero.


You can sell as many as you want to.



Shorts closing.......

cynic - 18 Nov 2010 12:27 - 637 of 3002

that's rubbish - you're using a poor platform ...... all 10 MMs offering in both directions ..... best at time of writing for 5k would be 290/293.5

cynic - 18 Nov 2010 12:27 - 638 of 3002

.

cynic - 18 Nov 2010 12:27 - 639 of 3002

.

Proselenes - 18 Nov 2010 12:31 - 640 of 3002

Trying buying....... what the MM offers on L2 means jack, its what they are willing to actually sell to you. At the time it was nothing, zero stock.

120K sell in there loosened things up, they are offering again for 25K size trades now, buy or sell.

cynic - 18 Nov 2010 12:46 - 641 of 3002

if i wanted i KNOW i could buy ..... if they weren't offering, it would show, as it does from time to time

Proselenes - 18 Nov 2010 13:05 - 642 of 3002

Does anyone wonder why the informed and learned people are getting heavily into oil stocks..... ?? ;)


News today :


Warning of oil shortage after 2015

StockMarketWire.com

An industry taskforce has called for urgent action to deal with likely oil shortages after 2015.

This is the year that the taskforce estimates that global oil production will be at its highest level at less than 95m barrels per day and from then on production will either plateau or diminish bringing an end to the era of cheap oil.

The UK industry taskforce on Peak Oil and energy Security observes that the UK will be particularly badly hit by these factors with a tightening of supply leading to greater oil import dependency, rising and volatile prices, inflationary pressures and the risk of disruption to the transport system.

The report urges the Government to focus on new clean technologies, encouraging the ongoing introduction of lower carbon technology and trails of sustainable bio fuels

Story provided by StockMarketWire.com

cynic - 18 Nov 2010 13:22 - 643 of 3002

that said, am i not correct in thinking that heavy oils have fewer applications than light ..... and of course the sulphur content is also very relevant

Proselenes - 18 Nov 2010 13:38 - 644 of 3002

Diesel is running short cynic....... China announced today they are having to import massively to keep up with diesel demand.

TheFrenchConnection - 18 Nov 2010 13:55 - 645 of 3002

As we all know: Bentley is an appraisal well.lt is not a question of whether oil exists within the said resavoir/s; more a question of its yield , and whether it can be brought to surface easily with good consistant flow rates . Moreover although the well maybe a producer of heavy oil it has been shown to be very low in sulphur content . Contrary to popularist theories espoused on this thread these two variables are not synonomous in that heavy oil equates to hi sulphur oil.That is a pure misnomer.,,And that is the real criterion as far as i can see..lrrespective of this China has the infrastructure to deal with this oil with consummate ease.

cynic - 18 Nov 2010 14:14 - 646 of 3002

i am almost certain that diesel (and kerosene, avgas etc) can be produced from either light or heavy crude .... environmentalists will shun high-sulphur diesel, though i'ld guess that can be scrubbed out in the distillation - not that the chinese will care at all
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