House Positions
posted on
Apr 04, 2014 11:58PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $018 up .005
House Positions for C:FO from 20140404 to 20140404 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
401,270 |
70,220 |
0.175 |
0 |
|
401,270 |
-70,220 |
||
108,000 |
18,884 |
0.175 |
45,000 |
7,750 |
0.172 |
63,000 |
-11,134 |
|
13,500 |
2,430 |
0.18 |
0 |
|
13,500 |
-2,430 |
||
6,400 |
1,090 |
0.17 |
0 |
|
6,400 |
-1,090 |
||
6,000 |
1,020 |
0.17 |
0 |
|
6,000 |
-1,020 |
||
15,000 |
2,550 |
0.17 |
15,000 |
2,550 |
0.17 |
0 |
0 |
|
600 |
105 |
0.175 |
870 |
151 |
0.174 |
-270 |
46 |
|
4,000 |
700 |
0.175 |
7,000 |
1,214 |
0.173 |
-3,000 |
514 |
|
6,000 |
1,050 |
0.175 |
12,000 |
2,100 |
0.175 |
-6,000 |
1,050 |
|
14,200 |
2,415 |
0.17 |
29,500 |
5,160 |
0.175 |
-15,300 |
2,745 |
|
37,000 |
6,415 |
0.173 |
502,600 |
87,954 |
0.175 |
-465,600 |
81,539 |
|
TOTAL |
611,970 |
106,879 |
0.175 |
611,970 |
106,879 |
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.