House Positions
posted on
Mar 04, 2014 10:20PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.185 no change
House Positions for C:FO from 20140304 to 20140304 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
112,500 |
21,171 |
0.188 |
5,000 |
925 |
0.185 |
107,500 |
-20,246 |
|
300 |
58 |
0.193 |
0 |
|
300 |
-58 |
||
0 |
|
100 |
18 |
0.18 |
-100 |
18 |
||
100 |
18 |
0.18 |
300 |
58 |
0.193 |
-200 |
40 |
|
0 |
|
1,500 |
277 |
0.185 |
-1,500 |
277 |
||
0 |
|
11,000 |
2,035 |
0.185 |
-11,000 |
2,035 |
||
1,500 |
277 |
0.185 |
24,500 |
4,531 |
0.185 |
-23,000 |
4,254 |
|
0 |
|
72,000 |
13,680 |
0.19 |
-72,000 |
13,680 |
||
TOTAL |
114,400 |
21,524 |
0.188 |
114,400 |
21,524 |
0.188 |
0 |
0 |
.
Follow the long-term strategy.
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.