By The Closet Chartist | Tuesday 17 December 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Given the somewhat mischievous nature of the Closet Chartist, it is actually quite tempting to suggest that the much loved, much followed and almost entirely long interest from retail investors should guarantee the bear argument is backed at Xcite Energy (XEL) even if there is a modicum of doubt as far as the charting position for the North Sea focused explorer goes.
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