It's called a "gap and trap"...
It gapped up a lot at the open, and a lot of short term traders took some profits, while some new money came in, and when that volume slacked off, it started to fall and some of that new money sold out because it didn't continue up...
A big gap up like it did this morning almost always gets filled, so it may have to go back to .10 or so before it can move up again...
It may also be a case of "buy the rumor, sell the news..."
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