We did trade at 7 cents for a bit today. as for KXL, I was hoping to buy more in the 50s but missed that ... I won't be chasing it though, there's lots of room for a pull back especially if there's no news coming ... will it go to the 50s again? maybe maybe not bbut low 60s is not out of the question. (in the absense of news)
Was it a leak? or is it a head fake?
chart ... http://stockcharts.com/h-sc/ui?s=KXL.V&p=D&b=5&g=0&id=p65591056098
Oscillators are topping, SP is almost 10 cents above the upper BB. without news this is not sustainable ... I think we will wait for a bit.
Having said that, news will come eventually.
Caveat Emptor