Agree that "technicals won't trigger a reversal" but as...

Agree that "technicals won't trigger a reversal" but as discussed and R08 substantiated, technicals show a reversal has already commenced. I am of the belief that the SP will rise in anticipation of news (not the news in itself necessarily because we know how news gets sold off in today's market). It'll be the market movers who have been shorting the stock who will move the SP up from this level. That in itself will attract the interest of investors and traders. Not only has the market been starved of company updates, but the market makers knew that this would be the case with a company like EGR in the development stage that it is. So, we have a pipeline now of news coming due. Site approvals and signing of the lease, followed by commencement of construction. We know that the fundamentals are there... so do holders... and upcoming news should solidify EGR's fundamentals in everyone's mind once it lands.