Xcite Energy has had a good start today with the market makers moving the price up 3.5% on little volume. I can think of no other share with so much potential and news flow, with so little downside risk.
Rockhopper has other the hand moved down 3.5% as we await well 14/10-3 news. At 355p, looks very good with the fact they a full programme of well appraisal fully funded for 2011 following the 250 million placing last year (estimated 200 million left). Plus lets not forget 200 million barrels of reserves banked. Scary stuff with RKH, but forget stop losses, forget trading in and out and lets see if the rumours are right!
No comments:
Post a Comment