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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

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cynic - 06 Dec 2010 16:32 - 835 of 3002

i was watching live on L2 ...... no huge offerings that i could see, but almost all that came through were sales .... whether or not that was just prudent PIs like you and me, i do not know, but all should be revealed within the next day or two

ptholden - 06 Dec 2010 18:21 - 836 of 3002

Rumours abound on the other BBs.

Mainly that the flow test has not been completed and XEL have pulled out of the Oil Barrel conference (because they have nothing to report).

MMs must be very happy this afternoon.

Whilst I have no idea if the rumours are true, it's fairly typical of an oil stock approaching an important RNS.

cynic - 06 Dec 2010 20:04 - 837 of 3002

tricky call it has to be said - especially if one is tempted to be greedy

Balerboy - 06 Dec 2010 22:25 - 838 of 3002

If there are leaks out sp usually rise's pre report. must admit don't like the drop at this stage.,.

ptholden - 07 Dec 2010 07:19 - 839 of 3002

RNS - Delays due to weather conditions.

TheFrenchConnection - 07 Dec 2010 08:43 - 840 of 3002

esp greedy in a stock you havent even researched thoroughly cynners.{ myself. that is )-.....sold approx 80% of remaining holding this morning on the mini surge @323p.; cant complain on a 5 figure return though hey bro....:-))...l see XEL trading sideways today; but one thing for sure is that mms will expoit this delay; and what with s/p all over the place im best out of this one ....but leaving a few to ride the storm ...

cynic - 07 Dec 2010 16:05 - 841 of 3002

hi my little frogspawn ..... you should know by now that i am far too thick and lazy to research ...... i have been lucky(?) enough to make (and bank) a significant amount since i first bought at 47 back in may ..... sp is certainly pretty skittish at the moment, no doubt brought on by nerves following the DES shambles

Balerboy - 10 Dec 2010 11:46 - 842 of 3002

taking a dive this morning is it a buy or sell???

scimitar - 10 Dec 2010 12:09 - 843 of 3002

There are about 550k buys and 350k sells recorded at present. Looks like the MMs are walking it down [runnning it down really] to get their hands on the stock. Maybe they think it is really going to go up very soon?

cynic - 10 Dec 2010 12:15 - 844 of 3002

this is why i am not keen on MM-only stocks ..... trading is particularly opaque
very difficult call this, but i certainly wouldn't top up unless current exposure was low

Balerboy - 10 Dec 2010 12:32 - 845 of 3002

Reckon on news Monday with good weather over w/end, topped up with a few more.....greedy bugger.,.

required field - 10 Dec 2010 14:21 - 846 of 3002

Don't have too many of these any longer......but will hold what's left for the final push.....not sure what is going to happen...the danger is of not getting it to flow.....that is what is worrying me.....just had to take 80% profits.....

required field - 10 Dec 2010 15:09 - 847 of 3002

Changed my mind and bought back some cheaper.....lovely....

cynic - 10 Dec 2010 15:40 - 848 of 3002

volume no heavier than usual, but buying could as easily be the wrong call as right

Balerboy - 10 Dec 2010 15:50 - 849 of 3002

stop sitting the fence .,.

cynic - 10 Dec 2010 15:58 - 850 of 3002

i like the spike and splinters up my bum! ...... support may be at about 270 at 25 dma

required field - 10 Dec 2010 19:03 - 851 of 3002

The rns we are waiting for might be on monday morning......might be some leaks out before then....

niceonecyril - 10 Dec 2010 19:18 - 852 of 3002

Released at 4pm

9/3b-6z Well Update



The Company announces that the 9/3b-6z horizontal well section on the Bentley field has not yet commenced the test phase and is still waiting on weather. The well test is expected to commence as soon as conditions allow.



cyril

required field - 10 Dec 2010 19:34 - 853 of 3002

Thanks...missed that....

cynic - 10 Dec 2010 20:34 - 854 of 3002

on that basis, possibly a good time to jump in - i.e. very short-term holders forced out, pushing down sp

opinion of others, far more knowledgeable then me, would be appreciated
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