The stock is not moving. For some reason the MM's really want to keep it down. Just get it over with and do the reverse split already. Sure the price will drop again but then we will have the opportunity to load up again will less shares outstanding
There are hundreds of folks, like me, who know a LOT about actc, dying to be able to short actc (if only it were listed on the big-board so we could afford to, otherwise, it's too expensive to short).
It's my knowledge of actc, and how it trades, that tells me there would be no better short on planet earth, at least for two years, with the exception of the spike on the next true IND approval (but that will be reversed within a month, just like the 2011 IND approval).
Be very careful what you wish for. I and hundreds of others will short actc and you will lose much more than you have so far.