House Positions
posted on
Mar 07, 2014 10:14PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 down .005
House Positions for C:FO from 20140307 to 20140307 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
20,000 |
3,600 |
0.18 |
0 |
|
20,000 |
-3,600 |
||
93,500 |
17,297 |
0.185 |
83,500 |
15,447 |
0.185 |
10,000 |
-1,850 |
|
10,000 |
1,800 |
0.18 |
0 |
|
10,000 |
-1,800 |
||
8,500 |
1,530 |
0.18 |
380 |
68 |
0.179 |
8,120 |
-1,462 |
|
8,000 |
1,440 |
0.18 |
0 |
|
8,000 |
-1,440 |
||
730 |
131 |
0.179 |
200 |
37 |
0.185 |
530 |
-94 |
|
200 |
37 |
0.185 |
0 |
|
200 |
-37 |
||
1,500 |
270 |
0.18 |
1,600 |
288 |
0.18 |
-100 |
18 |
|
0 |
|
1,750 |
315 |
0.18 |
-1,750 |
315 |
||
5,000 |
900 |
0.18 |
10,000 |
1,800 |
0.18 |
-5,000 |
900 |
|
0 |
|
10,000 |
1,850 |
0.185 |
-10,000 |
1,850 |
||
0 |
|
40,000 |
7,200 |
0.18 |
-40,000 |
7,200 |
||
TOTAL |
147,430 |
27,005 |
0.183 |
147,430 |
27,005 |
0.183 |
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.