House Positions
posted on
Mar 19, 2014 10:18PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.19 no change
House Positions for C:FO from 20140319 to 20140319 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
50,000 |
9,500 |
0.19 |
375 |
69 |
0.184 |
49,625 |
-9,431 |
|
35,500 |
6,745 |
0.19 |
0 |
|
35,500 |
-6,745 |
||
20,000 |
3,800 |
0.19 |
0 |
|
20,000 |
-3,800 |
||
5,000 |
950 |
0.19 |
0 |
|
5,000 |
-950 |
||
10,000 |
1,900 |
0.19 |
7,000 |
1,330 |
0.19 |
3,000 |
-570 |
|
1,175 |
217 |
0.185 |
0 |
|
1,175 |
-217 |
||
0 |
|
400 |
74 |
0.185 |
-400 |
74 |
||
37,000 |
6,845 |
0.185 |
37,500 |
6,940 |
0.185 |
-500 |
95 |
|
50,000 |
9,500 |
0.19 |
88,400 |
16,794 |
0.19 |
-38,400 |
7,294 |
|
2,000 |
380 |
0.19 |
77,000 |
14,630 |
0.19 |
-75,000 |
14,250 |
|
TOTAL |
210,675 |
39,837 |
0.189 |
210,675 |
39,837 |
0.189 |
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.