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XCite Energy - SP Angel sticks the boot in and I agree, It is toast

By Tom Winnifrith, The Sheriff of AIM | Tuesday 24 May 2016


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.


The oil team at SP Angel is normally uber charitable to the array of dogs that litter the hydrocarbons segment of the AIM Casino. But one thinks of Geoffrey Howe, a mild mannered and retiring chap, as he savaged the blessed Maggie in his resignation speech as, this morning, analyst Zac Phillips has stuck it to XCite Energy (XEL) like a man possessed.

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