Of course it held up well today, no one could sell. Most people couldn't trade it as the old shares of NWOG haven't been converted in their brokerage accounts yet. I disagree that the first day fallowing Reverse splits will show the biggest sell off based on that reason, from others I've got stuck in.
The stock didn't drop into the 1 cent range until we got the letter from Maly. stating there was going to be a RS on 9/11, which we got 9/22-9/23. Before that it had been trading mid .02 range based off of RS rumors.