Yes, that is definitely true
I am thrilled with the pop, and hope the trend continues, but those who are elated are proof positive that they were part of the problem (sold and drove price down) and are merely trading it.
% down mean more than % up, by a LONG shot.
"From .09 to .033. Some are happy for a green day, but many are still licking there wounds from the last pump to .09. "