House Positions
posted on
Apr 23, 2014 10:21PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.185 up .005
House Positions for C:FO from 20140423 to 20140423 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
50,000 |
9,000 |
0.18 |
0 |
|
50,000 |
-9,000 |
||
50,000 |
9,000 |
0.18 |
9,275 |
1,669 |
0.18 |
40,725 |
-7,331 |
|
44,200 |
7,956 |
0.18 |
14,400 |
2,592 |
0.18 |
29,800 |
-5,364 |
|
13,000 |
2,275 |
0.175 |
0 |
|
13,000 |
-2,275 |
||
2,000 |
362 |
0.181 |
0 |
|
2,000 |
-362 |
||
350 |
64 |
0.183 |
0 |
|
350 |
-64 |
||
1,079 |
191 |
0.177 |
946 |
173 |
0.183 |
133 |
-18 |
|
0 |
|
500 |
92 |
0.184 |
-500 |
92 |
||
0 |
|
4,500 |
810 |
0.18 |
-4,500 |
810 |
||
0 |
|
8,500 |
1,530 |
0.18 |
-8,500 |
1,530 |
||
0 |
|
13,404 |
2,345 |
0.175 |
-13,404 |
2,345 |
||
396 |
73 |
0.184 |
20,000 |
3,600 |
0.18 |
-19,604 |
3,527 |
|
0 |
|
89,500 |
16,110 |
0.18 |
-89,500 |
16,110 |
||
TOTAL |
161,025 |
28,921 |
0.18 |
161,025 |
28,921 |
0.18 |
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.