House Positions
posted on
Jan 29, 2014 09:13PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.185 down .005
House Positions for C:FO from 20140129 to 20140129 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
112,600 |
21,158 |
0.188 |
45,000 |
8,325 |
0.185 |
67,600 |
-12,833 |
|
46,000 |
8,510 |
0.185 |
0 |
|
46,000 |
-8,510 |
||
53,500 |
9,670 |
0.181 |
11,000 |
2,090 |
0.19 |
42,500 |
-7,580 |
|
28,000 |
5,279 |
0.189 |
17,500 |
3,320 |
0.19 |
10,500 |
-1,959 |
|
13,345 |
2,524 |
0.189 |
11,000 |
2,090 |
0.19 |
2,345 |
-434 |
|
1,090 |
198 |
0.182 |
745 |
140 |
0.188 |
345 |
-58 |
|
3,000 |
570 |
0.19 |
3,000 |
570 |
0.19 |
0 |
0 |
|
0 |
|
100 |
18 |
0.18 |
-100 |
18 |
||
0 |
|
700 |
129 |
0.184 |
-700 |
129 |
||
8,000 |
1,520 |
0.19 |
12,800 |
2,407 |
0.188 |
-4,800 |
887 |
|
0 |
|
6,000 |
1,110 |
0.185 |
-6,000 |
1,110 |
||
300 |
57 |
0.19 |
47,990 |
8,638 |
0.18 |
-47,690 |
8,581 |
|
0 |
|
50,000 |
9,249 |
0.185 |
-50,000 |
9,249 |
||
0 |
|
60,000 |
11,400 |
0.19 |
-60,000 |
11,400 |
||
TOTAL |
265,835 |
49,486 |
0.186 |
265,835 |
49,486 |
0.186 |
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.