.

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.

The thing is that the higher brent and the heavy stuff goes the more economical it is for the likes of Xcite....hence the sp surge...and I imagine that things are moving within this company with little fuss....

going back to cyners buy price now.,.

as always

Things never go in a straight line without news.

don't think so BB! .... i bought at 98.25 - 102.75 - 112.25

16th February 2012

Xcite Energy Limited
("Xcite Energy" or the "Company")

Site Visit

Xcite Energy announces that it will today host a site visit for media and analysts to the Rowan Norway Jack-up Rig currently moored in Dundee, ahead of its deployment to the Bentley Field. An overview presentation, containing no new material information, will be given as part of the visit.

The presentation is available at www.xcite-energy.com.