ERS went short at 24 Now Long at 12.75

Well it looks like maybe ERS has found a bottom. Very speculative buy play here. ERS chart atleast needs a shoulder to completely collaspe. I'd be a buyer here with a stop loss at 11.00 and look to sell near 18-20. Although the balance sheet is so so and not fond of the company the chart does show report in this range if you look back to aug of 2005..