RAME - Ram Energy Resources, Inc (NASDAQ Stock)

[lovemoney]

Gapped up out of it lows today. May do a slight pullback. Watching.

RAME - SharpCharts Workbench : StockCharts.com


RAM Energy Resources, Inc.
5100 East Skelly Drive
Suite 650
Tulsa, OK 74135
United States - Map
Phone: 918-663-2800
Web Site: RAM Energy Resources, Inc.

DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Independent Oil & Gas
Full Time Employees: 202

BUSINESS SUMMARY
RAM Energy Resources, Inc., an independent oil and natural gas company, engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties primarily in Texas, Louisiana, Oklahoma, New Mexico, and West Virginia. The company operates in the upstream segment of the oil and gas industry with activities, including the drilling, completion, and operation of oil and gas wells. As of December 31, 2008, it had estimated net proved reserves of 36.2 million barrels of oil equivalent, which includes crude oil, natural gas, and natural gas liquids. The company was founded in 1987 and is based in Tulsa, Oklahoma.

[lovemoney]

Looks like it's consolidating for a possible continued move up hopefully soon.

[BadThad]

Oil and gas are wildly swinging plays these days, should be a good play for a quick flip IMO.