I would like to provide my thoughts on Friday's trading action and the general negative momentum towards KXL.
Although 916k shares were sold, there were also 916k buyers. What does a new buyer today see in KXL versus those of us who have been long term investors on this board? If we were all new buyers and were presented a company with the KXL profile today i.e. $28 Million cash, Hercules 43-101 about to be released, Milestone decent drilling results, Target pipeline and Uranium would we not jump on this stock at $.37? Conversely, the question becomes why sell at this point?
Its understandable that the emotions are running high with current investors experiencing losses as high as 90%. Most of us on this board are without a doubt under water.
Once our emotions get the better of our decision making process it usually ends up in regret.
Takes time to build a company.