So far this week KXL has risen 42 percent to 1.95 from 1.37. Shis has occurred on volume which is only slightly above average.

Average volume for the last three months is 291,000 a day. Today, pushing all that upside, is only a tad higher than average at 331,000 shares so far.

Although fund buying could be mixed in there, funds are usually smarter than to push the stock up like this.

To me the action suggests what happens when there is a news leak, and it spreads, and the people who hear the leak want the stock and don't give a damn how much more they pay than the last guy, because they know the news.

Michael