Suppose KXL jumps to $5 or thereabouts on the next report. What to do?

I am not a "sell half and gamble the rest" kind of investor. Either I believe in something or I don't - Warren Buffett approach. I am a medium- to long-termer.

Yes, if there is a rise then there will be a consolidation afterwards, then leading on to the next rise.

If we figure that after three NR's this year the price could be $20, is there any point in attempting to sell the dips and then pick up again, hoping to beat the next jump in prices?

My experience suggests that trading the price rises is a mug's game - the market's job is to frustrate the maximum number of investors. I.e., you sell a bunch and immediately the price sprints upward again.

Of course, we are running into a high-risk season with lots more subprime and big bank failures to come, and maybe a big false flag operation to change the course of the US elections. High risk.

However, KXL is here now so I can't see any alternative to holding on for the (wild?) ride.

What are your opinions? If you get a rise to $5, should an investor cut a bunch of shares and hope to refill at a lower price? What about the 2nd round? What if the NR timing changes the next time round?

Let me know what you think, O Wise Ones