I can’t blame traders for not wanting to jump in right at the open. Everytime they do they find themselves down 20% or more the next hour. They all got burnt to many times and have moved on.
However, it could be better that this didn’t rip out if the gate. Slow green throughout the day would be good too. We’ll see...really needs to close above .03 to get the Calvary back involved here
Fortunately, it appears many don't understand the significance of the PR, ie. Patents, disruptive Blockchain, compliance and government contracts. I'm pleased there is little volume so far.
Smart money is waiting in the wings, accumulation will ramp up, $$$$$$$$$$
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