House Positions
posted on
Jan 31, 2014 09:49PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.19 no change
House Positions for C:FO from 20140131 to 20140131 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
74,000 |
14,060 |
0.19 |
0 |
|
74,000 |
-14,060 |
||
107,500 |
19,887 |
0.185 |
69,000 |
13,110 |
0.19 |
38,500 |
-6,777 |
|
23,350 |
4,435 |
0.19 |
0 |
|
23,350 |
-4,435 |
||
2,051 |
389 |
0.19 |
0 |
|
2,051 |
-389 |
||
7,000 |
1,295 |
0.185 |
7,000 |
1,295 |
0.185 |
0 |
0 |
|
0 |
|
300 |
55 |
0.183 |
-300 |
55 |
||
704 |
129 |
0.183 |
1,251 |
235 |
0.188 |
-547 |
106 |
|
350 |
66 |
0.189 |
15,904 |
2,941 |
0.185 |
-15,554 |
2,875 |
|
0 |
|
31,000 |
5,890 |
0.19 |
-31,000 |
5,890 |
||
0 |
|
31,000 |
5,735 |
0.185 |
-31,000 |
5,735 |
||
1,500 |
285 |
0.19 |
61,000 |
11,285 |
0.185 |
-59,500 |
11,000 |
|
TOTAL |
216,455 |
40,546 |
0.187 |
216,455 |
40,546 |
0.187 |
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.