Atlas Crest Investment Corp (ACIC)

[Moeclay]

Dropping as predicted and insiders/institutions are making money on the drop; i.e, the shares they loaned for shorting. Might drop to $10 in order the make the insiders/institutions whole.

Might want to wait until it hits the PIPE price of $10 before buying. (Or stay away completely, LOL)

Feel bad for those who bought at and near the 52 week high of $18.60

It's a dirty game.

Having said all of that, if you're an investor with the mentality of holding for years and years and years, these prices are a good entry.