I sold a few shares earlier this month around the mid-$2.50s and bought another 1800 shares today and yesterday between $2.22-2.33 just to reload on the traders. I think we are close to the bottom of the range and one day closer to getting some news. The Vancouver Cambridge show is just 3 weeks away, and I am sure the IR team for KXL has that circled on their calendars, so it would not surprise me at all if they get some assay results out by then.
I figure if I can capture just a couple trades per month of a few thousand shares at a time, with a spread of 30 cents or more, then its worth the effort while I hang around with my core position and wait for the next uptrend. This is not trading advice, its just my strategy to profit from the sideways action while KXL forms a new base.
cheers!
mike