House Positions
posted on
Apr 02, 2014 10:30PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.175 no change
House Positions for C:FO from 20140402 to 20140402 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
53,000 |
9,290 |
0.175 |
0 |
|
53,000 |
-9,290 |
||
49,000 |
8,575 |
0.175 |
300 |
52 |
0.173 |
48,700 |
-8,523 |
|
12,000 |
2,099 |
0.175 |
0 |
|
12,000 |
-2,099 |
||
13,172 |
2,345 |
0.178 |
5,000 |
875 |
0.175 |
8,172 |
-1,470 |
|
21,000 |
3,675 |
0.175 |
17,000 |
3,015 |
0.177 |
4,000 |
-660 |
|
200 |
36 |
0.18 |
0 |
|
200 |
-36 |
||
300 |
52 |
0.173 |
372 |
66 |
0.177 |
-72 |
14 |
|
0 |
|
2,000 |
350 |
0.175 |
-2,000 |
350 |
||
5,000 |
875 |
0.175 |
7,500 |
1,327 |
0.177 |
-2,500 |
452 |
|
0 |
|
121,500 |
21,262 |
0.175 |
-121,500 |
21,262 |
||
TOTAL |
153,672 |
26,947 |
0.175 |
153,672 |
26,947 |
0.175 |
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.