House Positions
posted on
May 01, 2014 11:47PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 up .005
House Positions for C:FO from 20140501 to 20140501 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
485,500 |
75,251 |
0.155 |
7,000 |
1,120 |
0.16 |
478,500 |
-74,131 |
|
196,500 |
30,690 |
0.156 |
0 |
|
196,500 |
-30,690 |
||
72,600 |
11,251 |
0.155 |
14,000 |
2,190 |
0.156 |
58,600 |
-9,061 |
|
186,500 |
29,515 |
0.158 |
154,000 |
24,640 |
0.16 |
32,500 |
-4,875 |
|
11,000 |
1,705 |
0.155 |
0 |
|
11,000 |
-1,705 |
||
9,500 |
1,520 |
0.16 |
0 |
|
9,500 |
-1,520 |
||
3,000 |
480 |
0.16 |
3,000 |
480 |
0.16 |
0 |
0 |
|
0 |
|
100 |
15 |
0.15 |
-100 |
15 |
||
8,000 |
1,240 |
0.155 |
10,000 |
1,600 |
0.16 |
-2,000 |
360 |
|
2,000 |
320 |
0.16 |
4,000 |
620 |
0.155 |
-2,000 |
300 |
|
1,000 |
160 |
0.16 |
4,000 |
635 |
0.159 |
-3,000 |
475 |
|
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
0 |
|
50,000 |
7,750 |
0.155 |
-50,000 |
7,750 |
||
266,500 |
41,370 |
0.155 |
986,000 |
152,852 |
0.155 |
-719,500 |
111,482 |
|
TOTAL |
1,242,100 |
193,502 |
0.156 |
1,242,100 |
193,502 |
0.156 |
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.