House Positions
posted on
May 21, 2014 11:42PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 up .01
House Positions for C:FO from 20140521 to 20140521 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
116,500 |
17,475 |
0.15 |
0 |
|
116,500 |
-17,475 |
||
34,000 |
5,244 |
0.154 |
0 |
|
34,000 |
-5,244 |
||
1,500 |
225 |
0.15 |
0 |
|
1,500 |
-225 |
||
340 |
51 |
0.15 |
0 |
|
340 |
-51 |
||
0 |
|
300 |
45 |
0.15 |
-300 |
45 |
||
0 |
|
2,000 |
300 |
0.15 |
-2,000 |
300 |
||
0 |
|
10,000 |
1,500 |
0.15 |
-10,000 |
1,500 |
||
0 |
|
10,040 |
1,506 |
0.15 |
-10,040 |
1,506 |
||
6,500 |
1,007 |
0.155 |
49,500 |
7,444 |
0.15 |
-43,000 |
6,437 |
|
10,000 |
1,525 |
0.153 |
97,000 |
14,732 |
0.152 |
-87,000 |
13,207 |
|
TOTAL |
168,840 |
25,527 |
0.151 |
168,840 |
25,527 |
0.151 |
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.