House Positions
posted on
Apr 24, 2014 10:58PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 down .005
House Positions for C:FO from 20140424 to 20140424 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
182,500 |
32,850 |
0.18 |
0 |
|
182,500 |
-32,850 |
||
160,500 |
28,880 |
0.18 |
2,000 |
350 |
0.175 |
158,500 |
-28,530 |
|
4,500 |
810 |
0.18 |
0 |
|
4,500 |
-810 |
||
1,000 |
180 |
0.18 |
0 |
|
1,000 |
-180 |
||
300 |
53 |
0.177 |
300 |
54 |
0.18 |
0 |
1 |
|
0 |
|
100 |
17 |
0.17 |
-100 |
17 |
||
0 |
|
3,000 |
540 |
0.18 |
-3,000 |
540 |
||
0 |
|
3,500 |
630 |
0.18 |
-3,500 |
630 |
||
0 |
|
20,200 |
3,636 |
0.18 |
-20,200 |
3,636 |
||
0 |
|
76,000 |
13,680 |
0.18 |
-76,000 |
13,680 |
||
300 |
54 |
0.18 |
244,000 |
43,920 |
0.18 |
-243,700 |
43,866 |
|
TOTAL |
349,100 |
62,827 |
0.18 |
349,100 |
62,827 |
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.