Trades and observations from a British contrarian stock investor

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Tuesday, January 4, 2011

Xcite Energy - 40th Oil Barrel conference presentation

The Oil Barrel Conference site (http://www.oilbarrel.com/oilbarrel_forums.html) is showing that Xcite are due to present at the 40th conference on 13th January. Now I wonder whether they plan to turn up with nothing new to say or perhaps they'll be keen to talk about the upgraded and confirmed reserves at Bentley and confirmation of the drilling rig. Hmmm....I'm sure the derampers are right and Richard E Smith (or whoever presents) will just turn up to London for a cup of coffee and a cake!! - not

Nice try market makers with the 20p drop today! Some are gullible, but the smart money is staying put.
Posted by Contrarian Investor UK at 8:59 PM
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