I have a GTC buy in at $13.10. ACAS is awesome, and since I can't be the only one who knows this a very brief drop in share price to bargain levels won't surprise me. IMO such things should be counted on in this market.
Paulson hemorrhaged more money with the recent drop in gold, so I wonder if he's selling some ACAS to cover his other positions. Back when he last reportedly liquidated, I believe he was under 10% of the outstanding shares...curious if he's been selling more to stay under 10%.
Another note...judging from the trends, I think it's now better to use linear scale. So I think the "support" is more around $13.20-$13.30.