I totally agree. I know what DD I've done and I can't vouch for Hodson but I highly doubt he has read as much on KXL as half of us .
He, like so many others sees one mediocre NR and runs for the hills because;
a) he probably hasn't done enough homework to be confident and stick around for the big picture (most likely because he's trying to track a million stocks and once and can barely look at the charts of half of them, let alone reading the complete history on the company)
and
b) he probably doesn't want his reputation being tarnished once something doesn't go 100% as planned(this also does a full circle back to point (a) that I mentioned.

JMHO.
Cheers.
Gamblor.