House Positions
posted on
May 12, 2014 11:18PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 down .005
House Positions for C:FO from 20140512 to 20140512 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
122,500 |
19,600 |
0.16 |
0 |
|
122,500 |
-19,600 |
||
107,500 |
16,987 |
0.158 |
11,000 |
1,810 |
0.165 |
96,500 |
-15,177 |
|
123,000 |
19,509 |
0.159 |
39,657 |
6,445 |
0.163 |
83,343 |
-13,064 |
|
19,757 |
3,205 |
0.162 |
200 |
32 |
0.16 |
19,557 |
-3,173 |
|
7,500 |
1,200 |
0.16 |
0 |
|
7,500 |
-1,200 |
||
3,000 |
465 |
0.155 |
0 |
|
3,000 |
-465 |
||
2,500 |
400 |
0.16 |
2,500 |
400 |
0.16 |
0 |
0 |
|
4,000 |
640 |
0.16 |
5,000 |
800 |
0.16 |
-1,000 |
160 |
|
4,000 |
640 |
0.16 |
7,500 |
1,200 |
0.16 |
-3,500 |
560 |
|
0 |
|
20,000 |
3,200 |
0.16 |
-20,000 |
3,200 |
||
2,000 |
312 |
0.156 |
149,100 |
23,343 |
0.157 |
-147,100 |
23,031 |
|
19,200 |
3,072 |
0.16 |
180,000 |
28,800 |
0.16 |
-160,800 |
25,728 |
|
TOTAL |
414,957 |
66,030 |
0.159 |
414,957 |
66,030 |
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.