House Positions
posted on
Apr 22, 2014 10:34PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 no change
House Positions for C:FO from 20140422 to 20140422 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
24,000 |
4,320 |
0.18 |
0 |
|
24,000 |
-4,320 |
||
22,000 |
4,070 |
0.185 |
0 |
|
22,000 |
-4,070 |
||
20,400 |
3,774 |
0.185 |
0 |
|
20,400 |
-3,774 |
||
10,000 |
1,800 |
0.18 |
0 |
|
10,000 |
-1,800 |
||
419 |
75 |
0.179 |
400 |
74 |
0.185 |
19 |
-1 |
|
5,000 |
950 |
0.19 |
5,200 |
986 |
0.19 |
-200 |
36 |
|
0 |
|
219 |
39 |
0.178 |
-219 |
39 |
||
21,500 |
3,870 |
0.18 |
25,000 |
4,625 |
0.185 |
-3,500 |
755 |
|
0 |
|
17,000 |
3,145 |
0.185 |
-17,000 |
3,145 |
||
12,000 |
2,220 |
0.185 |
67,500 |
12,210 |
0.181 |
-55,500 |
9,990 |
|
TOTAL |
115,319 |
21,079 |
0.183 |
115,319 |
21,079 |
0.183 |
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.