I might be with you brother, but right now I'm short APCC, a lot of speculative buyers jumped into it thinking it will be bought, looking for it to fall big.
My guess is KNOT will pull back, into a handle for at least a week or so.
The end of Sept is normally a very weak time for the market, with pre-announcements (which I think is a easier way to pick up some quick money), and this is a mid-term election year, alot of uncertainty. I can just hear the committed longs saying the election year has ZERO to do with KNOT. Don't think they (big investors) won't sell KNOT as well.
Soon as I clear my short on APCC I will look at KNOT. Although I still expect KNOT to clear its buy point of 20.90 in the future.