Absolutely it does as people who sold on opening will realise...

Absolutely it does as people who sold on opening will realise they shouldn't have and will be trying to get back in when it creeps back into the 30's and the people who thought they better sell will be pulling there sell orders when they see we are only just starting the climb higher. There is plenty of demand for the stock and it seems like whoever was holding it down for a few months has disappeared. On top of this, anyone who has shorted, still has to buy at some point when they realise they got that call wrong!!!