Contrarian Investor UK invests mainly in UK FTSE and AIM listed shares. Like famous contrarians, Warren Buffett and Anthony Bolton, he likes to take a different view to the crowd of investors. He prefers the short term, possibly speculative trade, to the long term hold and takes the view that it's about "buy and research" not "buy and hold"! This blog tracks Contrarian Investor UK's thoughts on the stockmarket and his portfolio's trades. Move against the herd with the Contrarian Investor UK!
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Tuesday, January 18, 2011
Xcite not that exciting this week
Xcite energy (XEL) is stubbornly stuck at a bid of 355p with a wide spread. Market makers not encouraging trades for now with price bouncing off this support. Given it's the 18th of January and deadline for rig signing is end of the month, news can't be far away. But nevertheless pretty dull. At least Sirius Minerals is still moving up with a director share purchase RNS today to 19p.
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