Good Day For My Oilies.
December 21, 2010 § Leave a comment
Though it is a shame that DES was indeed a computer / chart anomaly .
However, Gulf Keystone Petroleum and Xcite Energy both lifted up today.
XEL have a production well that they are looking to transform if they don’t get taken out first. Nearly reached my goal of £4.44 , though depending on whether there is more news to come before Christmas I may have to re-evaluate my trading plan.
GKP have been buoyed I am guessing by a little good news coming out of Iraq. Though until someone gives us the absolute assurance that the government is in place and that the Kurdistan Regional Government have something to do with it, we can expect the share price to go up as well as down.
DPL are trading sideways again. We’ll need some more news before anything happens, unless people close out their positions when they go on holidays.