Its called the workings of the "market".
Everything in the "stock biz" is not a conspiracy. There are some people who have specific price targets ie: 4.00. Because they want to ensure that approximate price they exit at 3.99 to beat the market.
Try to remember that many KXLers have been in since the low .40's. To some of these people the current equity gain constitutes substantial sums that they can convert into making real differences in their lives as in mortgage paydowns and overall debt reduction.
The rest of us "longs" will simply have to sit back and relax and let things take care of themselves. To those that have exited I am happy for them in that they likely had a positive experience and are ready to move on.
Onward and Upward.