House Positions
posted on
Mar 28, 2014 11:49PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 no change
House Positions for C:FO from 20140328 to 20140328 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
226,500 |
40,795 |
0.18 |
2,000 |
360 |
0.18 |
224,500 |
-40,435 |
|
78,000 |
14,040 |
0.18 |
0 |
|
78,000 |
-14,040 |
||
46,500 |
8,370 |
0.18 |
0 |
|
46,500 |
-8,370 |
||
10,000 |
1,800 |
0.18 |
0 |
|
10,000 |
-1,800 |
||
10,000 |
1,800 |
0.18 |
0 |
|
10,000 |
-1,800 |
||
0 |
|
500 |
90 |
0.18 |
-500 |
90 |
||
0 |
|
4,000 |
720 |
0.18 |
-4,000 |
720 |
||
0 |
|
5,000 |
900 |
0.18 |
-5,000 |
900 |
||
0 |
|
17,000 |
3,060 |
0.18 |
-17,000 |
3,060 |
||
2,500 |
450 |
0.18 |
45,000 |
8,125 |
0.181 |
-42,500 |
7,675 |
|
147,000 |
26,460 |
0.18 |
447,000 |
80,460 |
0.18 |
-300,000 |
54,000 |
|
TOTAL |
520,500 |
93,715 |
0.18 |
520,500 |
93,715 |
0.18 |
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.