Haha. It is what it is. Stocks don't move from a relative PPS of $350,000 to $0.63 through magic. There obviously is a mechanism at play. They R/S then issue like bonkers.
Wow. NEWL never ceases to amaze, and I have been watching it with morbid fascination for three years. It "can" be traded but it is not for the faint at heart.
(A) Have very reasonable expectations; (B) Educate yourself and perform due diligence; (C) Don't enter without a strategic plan and target, for both best and worst case scenarios; and (D) Lead inward/outward and never follow.