RE:RE:Trinity Warrants expire Oct 31, 2014 and that is the key driver possibly.
Next steps: a couple weeks into November, U.S. rail regulatory authorities may announce news regarding new transportation requirements. That should release company orders to Kelso that have been on hold pending the official release of the new requirements. but that financial info is not likely reported by Kelso until March 2015 or later.
Mid to late November, Kelso releases financial data which may cause a mild bump up.
Also, if the price can possibly be lowered to $5.25 or lower this week (hopefully!), the warrants (assuming a large number still exist) are of weak value (other than for the acquistion of a large bulk purchase of Kelso shares), and if a couple hundred thousand warrants are not exercised, then existing shareholders dodge a small dilution and gain a small benefit.
So, I'm looking at around Nov 15 as the next 'pop' day.