House Positions
posted on
Apr 16, 2014 12:04AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.17 no change
House Positions for C:FO from 20140415 to 20140415 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
163,500 |
28,612 |
0.175 |
55,000 |
9,522 |
0.173 |
108,500 |
-19,090 |
|
52,500 |
9,095 |
0.173 |
300 |
51 |
0.17 |
52,200 |
-9,044 |
|
39,500 |
6,715 |
0.17 |
0 |
|
39,500 |
-6,715 |
||
35,000 |
6,125 |
0.175 |
0 |
|
35,000 |
-6,125 |
||
18,500 |
3,237 |
0.175 |
0 |
|
18,500 |
-3,237 |
||
11,500 |
1,960 |
0.17 |
0 |
|
11,500 |
-1,960 |
||
390 |
68 |
0.174 |
0 |
|
390 |
-68 |
||
650 |
110 |
0.169 |
390 |
68 |
0.174 |
260 |
-42 |
|
30,000 |
5,250 |
0.175 |
30,000 |
5,250 |
0.175 |
0 |
0 |
|
0 |
|
2,000 |
350 |
0.175 |
-2,000 |
350 |
||
0 |
|
3,000 |
525 |
0.175 |
-3,000 |
525 |
||
0 |
|
3,000 |
515 |
0.172 |
-3,000 |
515 |
||
0 |
|
3,350 |
569 |
0.17 |
-3,350 |
569 |
||
0 |
|
4,000 |
700 |
0.175 |
-4,000 |
700 |
||
0 |
|
43,000 |
7,380 |
0.172 |
-43,000 |
7,380 |
||
1,500 |
255 |
0.17 |
45,500 |
7,885 |
0.173 |
-44,000 |
7,630 |
|
0 |
|
163,500 |
28,612 |
0.175 |
-163,500 |
28,612 |
||
TOTAL |
353,040 |
61,427 |
0.174 |
353,040 |
61,427 |
0.174 |
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.