'Hey wait a minute," the KXL shorts are saying to themselves. "It's summer, and these natural resource stocks, except for potash and oil, are supposed to be going down, no bids, that sort of thing. What is going on here?"

Today's action, up 7 percent to 2.70 a share, provides a mere taste ofwhat happens when more people want to buy than want to sell.

What is the short position on KXL anyway? It would be nice to know as the stock runs up thru 3.00, etc.

Michael