I think some are overthinking this insider buying thing. First off, KXL had a good floor at $4. If you are looking to add, why not put in a bid there be it for a thousand shares like us, or a hundred thousand if you have Mr. Richardson's bank account! ?
A KXL insider told me he thought we investors put too much importance on what insiders are doing. He stated that they don't know what the drill results will be any more than we do, or how the market will react. I believe that to a point. Mr. R undoubtably has research and researchers that ouclasses ours, and he is as bullish of KXL as we are. He may get burned, as may the rest of us, but right now all of us familiar withthe story seem to be willing to take that chance.
Happy holidays to all! A SP boost by KXL and most of my other holdings was about the nicest gift a guy could wish for (sniff!)
G