Xcite Energy Ltd (XEL)

sabretoothtigger

Xel went from 1.42p to 180p :O I take it they reverse stock split or something, iii says no

Current price is 138% of the 2008 fall, so its more then retraced and exceeded that. 195 would 150% and 210 about 161% which be a rough sentiment gauge to the move (based on price only)

Its a parabolic graph so watch for the movement to break that curve as a warning



GKP is making money ? I think they are still raising money to start operations in the middle of a pretty volatile country, Im sure they'll get the oil but lots of possible disturbances beyond that

These shares take on a life on their own beyond the progress, its nice to buy then benefit from all that positive speculation but it usually flips back down unless news can justify it.
RRL is doing as much

RRL graph wise is near support at 5pence and disappointment sounds right as they are at the bottom of this years generally positive price trend. So lower expectations in a bullish share


similar to sxx I think ? Im watching skr and recently missed a small buy order on them by quarter of a penny. Previously owned and sold it, speculative without news again I think

HDY I still own, broke back mountain graph Its not in a downtrend anymore but even after finding some natural gas its not really recovered any momentum Lost about 20% from its breakout top price

VGM interesting stock?, wait for gold to fall down I think it will be more of an opportunity

blinko

when is this RNS due

Jonbvn

sabretoothtigger wrote: »

Xel went from 1.42p to 180p :O I take it they reverse stock split or something, iii says no

Current price is 138% of the 2008 fall, so its more then retraced and exceeded that. 195 would 150% and 210 about 161% which be a rough sentiment gauge to the move (based on price only)

Its a parabolic graph so watch for the movement to break that curve as a warning

No! It has risen based on positive drilling news and very a bullish statement from the CEO.

IMHO the technical analysis of the SP of a one tick pony like an AIM oiler is meaningless. It is all very simple. Good drilling news and high flow-rate will give a huge rise on the SP. The opposite will mean it will drop like a stone. The experts are indicating a 70%+ chance of success for the current drilling program.

chris_m

spam reported

sabretoothtigger

Sounds simple enough, Gkp gave recent good test results on monday I think.
Rose tons today, seems this was on course with previous rises also so well due and by the same measure due to top out around here for the moment

blinko

I sold GCM at a small 10% which i shoudlve sold when it was at 30% i dont feel they are going anywhere at the moment

Im in CEY and looking for a new home for GCM proceeds

Jonbvn

Anyone in XEL will be a happy camper this morning. It just blasted past £2.00

blinko

same with GKP

born_2b_mad_II

oh yes very happy!!!:beer:

Bought in at 0.68p so in a healthy profit at the moment.
My initial plan was to top slice at £2.50, but currently looking to increase that with the way this share has moved recently.

Jonbvn

born_2b_mad_II wrote: »

Bought in at 0.68p so in a healthy profit at the moment.
My initial plan was to top slice at £2.50, but currently looking to increase that with the way this share has moved recently.

Inevitable retrace due to numerous top slicers at 200p+.

The next drilling RNS is key to the outcome.