Saratoga Resources, Inc. (fka SARA)

[momentum74]

Links. 1.07 Oil futures up today 96.79 . 31 million float. Average cost is 1.10 looking to add more this week for a swing bounce trade. Stock is now down 70% from the 52 week high and 86% from 7.70 high in 2012. Market cap 32 million.


Article. Price of oil gains on IMF growth forecast.

01/22/14
http://economictimes.indiatimes.com/markets/commodities/oil-prices-extend-gains-in-asia-on-imfs-growth-forecast/articleshow/29187853.cms

01/21/14 Article Oil set to rocket.
http://www.zerohedge.com/contributed/2014-01-21/oil-set-rocket


Finviz chart and headlines.

http://finviz.com/quote.ashx?t=SARA&ty=c&ta=0&p=w

Recent third party reserve report on newly acquired Gulf prospect.

http://finance.yahoo.com/news/saratoga-resources-inc-announces-2-221600000.html

Recent refinance

http://finance.yahoo.com/news/saratoga-resources-inc-refinances-27-133000489.html

Latest CC call . They are actively seeking joint venture partners.
http://seekingalpha.com/article/1837702-saratoga-resources-management-discusses-q3-2013-results-earnings-call-transcript

Oil futures have been rising last week and today.

http://finviz.com/futures_charts.ashx?t=CL