House Positions
posted on
Apr 30, 2014 11:46PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 down .005
House Positions for C:FO from 20140430 to 20140430 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
125,500 |
20,080 |
0.16 |
20,000 |
3,200 |
0.16 |
105,500 |
-16,880 |
|
58,000 |
9,240 |
0.159 |
41,000 |
6,510 |
0.159 |
17,000 |
-2,730 |
|
4,500 |
720 |
0.16 |
0 |
|
4,500 |
-720 |
||
2,000 |
310 |
0.155 |
0 |
|
2,000 |
-310 |
||
1,000 |
155 |
0.155 |
0 |
|
1,000 |
-155 |
||
350 |
52 |
0.149 |
0 |
|
350 |
-52 |
||
0 |
|
700 |
110 |
0.157 |
-700 |
110 |
||
8,000 |
1,240 |
0.155 |
9,000 |
1,395 |
0.155 |
-1,000 |
155 |
|
0 |
|
2,000 |
320 |
0.16 |
-2,000 |
320 |
||
0 |
|
3,500 |
542 |
0.155 |
-3,500 |
542 |
||
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
0 |
|
31,000 |
4,960 |
0.16 |
-31,000 |
4,960 |
||
0 |
|
35,000 |
5,600 |
0.16 |
-35,000 |
5,600 |
||
45,500 |
7,052 |
0.155 |
92,650 |
14,612 |
0.158 |
-47,150 |
7,560 |
|
TOTAL |
244,850 |
38,849 |
0.159 |
244,850 |
38,849 |
0.159 |
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.