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Message: Re: Institutions picked up KXL
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Aug 19, 2008 07:22AM
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Aug 19, 2008 12:44PM

Aug 19, 2008 10:00PM

Further to this...

Insider buys 10k yesterday. Not a large buy but a buy none the less. See here.

KXL is VERY tightly held. Public float is very limited. Order book is aften so thin pros can buy and sell to themselves all day/week/month long and literally 'set' the price where they like... in the absence of news of course. The current unfavorable market conditions only make such a strategy even easier. This will not go on forever IMO.

red911

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Aug 20, 2008 06:16AM
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