Replies to post #1648 on Saratoga Resources, Inc. (fka SARA)

[BeamMeUpScotty]

I see it forming a new base at $1.00 or above early in the week for stronger moves upwards. SARA can easily get there as this is a low floater and a lot of folks are holding for much higher than that price. So it's easily achievable as shares are locked and loaded.

Also, there is no dilution and there have been no Directors selling shares as both those things were not allowed while the company was in bankruptcy proceedings.

Don't forget - this was trading at $2.50 on NASDAQ, having fallen from the $6-$7 range, despite having millions in debt which has now been wiped out completely!

Shares are held tightly, see how easily it moves on any buying pressure. This company is led by industry veterans who know what they're doing and will be breathing life back into the company sooner than we think is my opinion.

SARA