someone attacked that closing auction with large volume, the shorts at 30c got burned with rocket fire again, tried to short it today but failed miserably, failed at 27c failed at 29c-30c looks like, looks like accumulators or short squeeze forced a shorter to buy in closing or instos/hedgies have turned bullish to to 33c to 39c TA range i mentioned last week.
Either that or they are thinking 4.30-6.30pm last few days GP may spike another $20-40US tnt like the last few days right after our closing bell ..scary thought for shorters. They have to close out in closing too risky...this is how these youngster traders on level 51 pitt st think. so freakin silly.
Either way, the 30c was broken easier than i thought, 33c-39c by tuesday looks like, if GP stays where it is even. SLR making $42M profit on current GPAUS to ASIC/AICC. impressive, its way too low here anyway. 3xto5x EPS undervaluation.
Stay in boys lets see that 100DMA -200DMA range next week..its on for sure i think.
