Our problem is that KOG was ready to take off right as the general market & oil prices has hit it's highs for the summer. Now it's like everyone is jockeying for position, but nobody is making a real move yet, but you know they want in.
Win the shorts never covered enough to loose control it has been written all over the charts, the hedges own this stock and LP until they answer the next questions. How are they handling the debt load and what is sales, this will probably continue until LP clearly answers these questions with numbers. I would look at adding though if it hits the 9.16 range.
Review KOG and its chart you will see it is clearly pegged around certain cent figures. Off the top of my head if you desire the 8.50 area it would probably be like 8.56, 8.63, 8.78 and 8.90 area with 9.03, 9.16, 9.26, 9.33. and probably right now 9.61 are being a number the point being is go look at the chart resistances and you will probably have to move that up a nickel or dime or average down with certain targets.