There is "conspiracy" theory group involved in every stock issue that I have ever been associated with.
In this case I just don't see it. At the moment there is a "market wide" fall off. Just why people think KXL would be exempt from that is beyond me.
Another factor is that KXL has seldom been a stock with huge blocks of bid/ask out there in a narrow price range.
On occasion to be sure there have been individual actions to move the price one way or the other.
On balance though I believe the answer lies in the fact that the majority of the share holders are just that, "holders" and not traders.
We are ready for the long haul and therefore will experience the up and down totals on our portfilios which really count for nothing until you have actually gone out and sold something.
Onward and Upward
