House Positions
posted on
Mar 17, 2014 11:16PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.185 no change
House Positions for C:FO from 20140317 to 20140317 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
350,000 |
64,748 |
0.185 |
125 |
22 |
0.176 |
349,875 |
-64,726 |
|
126,000 |
23,308 |
0.185 |
0 |
|
126,000 |
-23,308 |
||
117,500 |
21,737 |
0.185 |
0 |
|
117,500 |
-21,737 |
||
80,000 |
14,800 |
0.185 |
0 |
|
80,000 |
-14,800 |
||
10,000 |
1,850 |
0.185 |
0 |
|
10,000 |
-1,850 |
||
850 |
158 |
0.186 |
160 |
28 |
0.175 |
690 |
-130 |
|
345 |
60 |
0.174 |
850 |
158 |
0.186 |
-505 |
98 |
|
0 |
|
2,060 |
379 |
0.184 |
-2,060 |
379 |
||
0 |
|
5,000 |
925 |
0.185 |
-5,000 |
925 |
||
0 |
|
10,000 |
1,850 |
0.185 |
-10,000 |
1,850 |
||
0 |
|
16,000 |
2,959 |
0.185 |
-16,000 |
2,959 |
||
0 |
|
650,500 |
120,340 |
0.185 |
-650,500 |
120,340 |
||
TOTAL |
684,695 |
126,661 |
0.185 |
684,695 |
126,661 |
0.185 |
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.