House Positions
posted on
May 08, 2014 11:50PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0165 up .005
House Positions for C:FO from 20140508 to 20140508 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
31,000 |
4,960 |
0.16 |
9,000 |
1,485 |
0.165 |
22,000 |
-3,475 |
|
31,000 |
4,960 |
0.16 |
9,500 |
1,520 |
0.16 |
21,500 |
-3,440 |
|
14,757 |
2,384 |
0.162 |
7,500 |
1,222 |
0.163 |
7,257 |
-1,162 |
|
6,000 |
990 |
0.165 |
200 |
32 |
0.16 |
5,800 |
-958 |
|
3,000 |
495 |
0.165 |
0 |
|
3,000 |
-495 |
||
1,000 |
160 |
0.16 |
0 |
|
1,000 |
-160 |
||
5,000 |
821 |
0.164 |
4,500 |
741 |
0.165 |
500 |
-80 |
|
360 |
57 |
0.158 |
257 |
42 |
0.163 |
103 |
-15 |
|
0 |
|
60 |
9 |
0.15 |
-60 |
9 |
||
5,000 |
800 |
0.16 |
6,000 |
960 |
0.16 |
-1,000 |
160 |
|
8,500 |
1,360 |
0.16 |
10,600 |
1,696 |
0.16 |
-2,100 |
336 |
|
0 |
|
7,000 |
1,120 |
0.16 |
-7,000 |
1,120 |
||
0 |
|
51,000 |
8,160 |
0.16 |
-51,000 |
8,160 |
||
TOTAL |
105,617 |
16,987 |
0.161 |
105,617 |
16,987 |
0.161 |
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.