House Positions
posted on
Apr 16, 2014 11:53PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.17 no change
House Positions for C:FO from 20140416 to 20140416 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
17,500 |
3,061 |
0.175 |
0 |
|
17,500 |
-3,061 |
||
8,000 |
1,385 |
0.173 |
0 |
|
8,000 |
-1,385 |
||
3,000 |
525 |
0.175 |
0 |
|
3,000 |
-525 |
||
500 |
85 |
0.17 |
0 |
|
500 |
-85 |
||
790 |
134 |
0.17 |
400 |
70 |
0.175 |
390 |
-64 |
|
3,000 |
510 |
0.17 |
3,000 |
525 |
0.175 |
0 |
15 |
|
5,400 |
945 |
0.175 |
5,500 |
935 |
0.17 |
-100 |
-10 |
|
0 |
|
200 |
34 |
0.17 |
-200 |
34 |
||
0 |
|
200 |
34 |
0.17 |
-200 |
34 |
||
0 |
|
390 |
66 |
0.169 |
-390 |
66 |
||
1,000 |
170 |
0.17 |
2,000 |
350 |
0.175 |
-1,000 |
180 |
|
0 |
|
1,500 |
262 |
0.175 |
-1,500 |
262 |
||
1,500 |
262 |
0.175 |
27,500 |
4,801 |
0.175 |
-26,000 |
4,539 |
|
TOTAL |
40,690 |
7,077 |
0.174 |
40,690 |
7,077 |
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.