House Positions
posted on
Apr 21, 2014 11:36PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 up .01
House Positions for C:FO from 20140421 to 20140421 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
60,500 |
11,105 |
0.184 |
0 |
|
60,500 |
-11,105 |
||
60,000 |
10,800 |
0.18 |
5,098 |
914 |
0.179 |
54,902 |
-9,886 |
|
35,000 |
6,300 |
0.18 |
200 |
35 |
0.175 |
34,800 |
-6,265 |
|
31,500 |
5,670 |
0.18 |
16,000 |
2,880 |
0.18 |
15,500 |
-2,790 |
|
6,000 |
1,080 |
0.18 |
0 |
|
6,000 |
-1,080 |
||
1,750 |
315 |
0.18 |
0 |
|
1,750 |
-315 |
||
800 |
144 |
0.18 |
0 |
|
800 |
-144 |
||
998 |
173 |
0.173 |
650 |
117 |
0.18 |
348 |
-56 |
|
0 |
|
5,000 |
900 |
0.18 |
-5,000 |
900 |
||
0 |
|
11,100 |
2,048 |
0.185 |
-11,100 |
2,048 |
||
600 |
108 |
0.18 |
14,000 |
2,520 |
0.18 |
-13,400 |
2,412 |
|
0 |
|
15,000 |
2,700 |
0.18 |
-15,000 |
2,700 |
||
32,000 |
5,750 |
0.18 |
89,600 |
16,116 |
0.18 |
-57,600 |
10,366 |
|
0 |
|
72,500 |
13,215 |
0.182 |
-72,500 |
13,215 |
||
TOTAL |
229,148 |
41,445 |
0.181 |
229,148 |
41,445 |
0.181 |
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.