Actually there is only two reason. 1. Normal trading has occurred and someone has just happened to buy some shares available at what is coincidently the opening price or 2. The shares are indeed dilutive being bought and the price won't rise because the sells are matching the buying pressure. Personally I think it's 1 but 2 is always a possibility, especially with the convertible notes that will have to be used to pay off the toxic loans and since they loanees won't want to lower the price since that's taking money out of their pockets