House Positions
posted on
Jan 23, 2014 11:09PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.185 up .005
House Positions for C:FO from 20140123 to 20140123 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
115,500 |
21,866 |
0.189 |
739 |
136 |
0.184 |
114,761 |
-21,730 |
|
5,000 |
950 |
0.19 |
0 |
|
5,000 |
-950 |
||
593 |
108 |
0.182 |
400 |
76 |
0.19 |
193 |
-32 |
|
5,000 |
950 |
0.19 |
5,000 |
925 |
0.185 |
0 |
-25 |
|
0 |
|
7 |
1 |
0.143 |
-7 |
1 |
||
0 |
|
2,680 |
508 |
0.19 |
-2,680 |
508 |
||
0 |
|
3,567 |
659 |
0.185 |
-3,567 |
659 |
||
0 |
|
6,500 |
1,202 |
0.185 |
-6,500 |
1,202 |
||
41,400 |
7,866 |
0.19 |
51,000 |
9,690 |
0.19 |
-9,600 |
1,824 |
|
0 |
|
10,100 |
1,918 |
0.19 |
-10,100 |
1,918 |
||
100,000 |
19,000 |
0.19 |
121,000 |
22,990 |
0.19 |
-21,000 |
3,990 |
|
15,000 |
2,875 |
0.192 |
81,500 |
15,510 |
0.19 |
-66,500 |
12,635 |
|
TOTAL |
282,493 |
53,615 |
0.19 |
282,493 |
53,615 |
0.19 |
0 |
0 |
.
Rule to long-term investing:
When you find a value stock put it in your portfolio and hold; like Burlingame, like Soliter, like Sweetpea, like Persistency.....
When big players are set to acquire a big position in a company, they always employ agents to accumulate the shares on the open market, then months later a transaction will occur between the parties for a healthy profit for the agents. On the other hand the buyer saves a lot of money for not buying it on the open markets.
This is how Burlingame acquired 105,835,269 shares in 2008 and 2009.
Apparently the backroom-boys thinking of doing the same thing.