House Positions
posted on
May 07, 2014 11:36PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ 40.16 down .005
House Positions for C:FO from 20140507 to 20140507 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
81,000 |
12,960 |
0.16 |
0 |
|
81,000 |
-12,960 |
||
64,107 |
10,484 |
0.164 |
0 |
|
64,107 |
-10,484 |
||
20,500 |
3,317 |
0.162 |
0 |
|
20,500 |
-3,317 |
||
64,500 |
10,514 |
0.163 |
55,500 |
9,067 |
0.163 |
9,000 |
-1,447 |
|
7,500 |
1,200 |
0.16 |
6,170 |
987 |
0.16 |
1,330 |
-213 |
|
400 |
66 |
0.165 |
0 |
|
400 |
-66 |
||
870 |
139 |
0.16 |
507 |
83 |
0.164 |
363 |
-56 |
|
0 |
|
200 |
32 |
0.16 |
-200 |
32 |
||
0 |
|
3,000 |
480 |
0.16 |
-3,000 |
480 |
||
5,000 |
800 |
0.16 |
10,000 |
1,649 |
0.165 |
-5,000 |
849 |
|
1,500 |
240 |
0.16 |
8,000 |
1,280 |
0.16 |
-6,500 |
1,040 |
|
0 |
|
15,500 |
2,480 |
0.16 |
-15,500 |
2,480 |
||
0 |
|
72,500 |
11,600 |
0.16 |
-72,500 |
11,600 |
||
3,500 |
565 |
0.161 |
77,500 |
12,627 |
0.163 |
-74,000 |
12,062 |
|
TOTAL |
248,877 |
40,285 |
0.162 |
248,877 |
40,285 |
0.162 |
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.