XCD 0.00% 1.1¢ xcd energy limited

Guys and gals, the ETE marketing machine is just starting to...

  1. 296 Posts.
    Guys and gals, the ETE marketing machine is just starting to crank up. Don't get panicked out of your positions. It's been a long wait. The seller for 1 mil yesterday is either a panicked shareholder or someone playing games. That is, push the share price lower and mop up. Suggest he try that again and a buyer will accomodate him.
    I do have a concern with the nat gas price @ around $4 US.
    Some American analysts expect gas price to improve by the end of the US summer. I have heard as high as $8 US quoting overstated shale gas production and understated shale well depletion. I hope there right.The industry needs a higher price. Gas is stuffing up US energy economics. Its setting electricity prices that effect nuclear, wind and other alternatives. It even gives coal a run for its money.
    I don't think this situation will continue for much longer.
    ETE is a petroleum liquids exploration company. It's not a gas company. Think petroleum liquids.
    Good luck to all.
 
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