House Positions
posted on
Apr 29, 2014 11:46PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 up .01
House Positions for C:FO from 20140429 to 20140429 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
170,000 |
24,648 |
0.145 |
0 |
|
170,000 |
-24,648 |
||
122,250 |
17,937 |
0.147 |
42,000 |
6,300 |
0.15 |
80,250 |
-11,637 |
|
282,961 |
42,483 |
0.15 |
260,800 |
38,905 |
0.149 |
22,161 |
-3,578 |
|
22,100 |
3,265 |
0.148 |
6,200 |
930 |
0.15 |
15,900 |
-2,335 |
|
3,000 |
450 |
0.15 |
0 |
|
3,000 |
-450 |
||
7,500 |
1,142 |
0.152 |
5,000 |
775 |
0.155 |
2,500 |
-367 |
|
970 |
143 |
0.147 |
1,031 |
152 |
0.147 |
-61 |
9 |
|
0 |
|
300 |
45 |
0.15 |
-300 |
45 |
||
0 |
|
1,000 |
150 |
0.15 |
-1,000 |
150 |
||
0 |
|
2,000 |
310 |
0.155 |
-2,000 |
310 |
||
0 |
|
2,000 |
290 |
0.145 |
-2,000 |
290 |
||
0 |
|
4,000 |
600 |
0.15 |
-4,000 |
600 |
||
13,000 |
1,965 |
0.151 |
20,170 |
3,025 |
0.15 |
-7,170 |
1,060 |
|
0 |
|
11,500 |
1,732 |
0.151 |
-11,500 |
1,732 |
||
2,720 |
421 |
0.155 |
26,000 |
3,770 |
0.145 |
-23,280 |
3,349 |
|
3,000 |
435 |
0.145 |
35,000 |
5,425 |
0.155 |
-32,000 |
4,990 |
|
86,000 |
13,000 |
0.151 |
186,500 |
27,531 |
0.148 |
-100,500 |
14,531 |
|
0 |
|
110,000 |
15,949 |
0.145 |
-110,000 |
15,949 |
||
TOTAL |
713,501 |
105,889 |
0.148 |
713,501 |
105,889 |
0.148 |
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.