Saratoga Resources, Inc. (fka SARA)

[hamilton]

I was told Thom suggested to somebody at the speakers's platform following the presentation in SF that they are currently producing well above that Q3 average. I hope the conference call in early November will confirm that.

Buying a call on the options market can often be done for $1.25 to $1.50 on many stocks, but it always has a short time horizon in which the stock must rise for the holder to profit. When you buy a share here for $1.25 you do not have any time limitations for which the stock must rise in price.

These guys have assets and it seems they are getting them back on production in sufficient quantity to service the debt. At $1.25 the stock suggests they'll go Chapter 11, but I don't believe it. I'm betting conditions are improving, not degrading.