For the non-bagholders Hold onto your cash and forget trash stocks like AC. You will get opportunity to buy quality names at discounts during this financial crisis- in the next 6 months, stocks will get a lot cheaper.
As for AC, if you are still interested- wait for shares to settle between $2-5. Guarandamnteed to get there given the high debt, high cost and no profitability of the company. Financial crisis punish highly leveraged companies like AC.