The current trading of NEOMD means nothing at all. As has always happened, almost nobody buys at the bottoms, then when news launches this stock 1000% -4000% everyone buys high. Then complains, of course. Of course everyone will sell at $1 - $3 this time, on the ramp up, then complain when it keeps going to $10.
Judging by the way e-trade is handling NEOM, while it has the "D" added after the Split, it looks like keeping track of your cost average for taxes could be made difficult trading during this period, so I think that may be impeding alot of trading until the "D" is taken off, or the company may be holding news until the D comes off in one more week.
Go NEOM!