House Positions
posted on
May 22, 2014 11:45PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.15 down .005
House Positions for C:FO from 20140522 to 20140522 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
82,000 |
12,300 |
0.15 |
0 |
|
82,000 |
-12,300 |
||
50,000 |
7,750 |
0.155 |
0 |
|
50,000 |
-7,750 |
||
350 |
52 |
0.149 |
50 |
7 |
0.14 |
300 |
-45 |
|
50 |
7 |
0.14 |
0 |
|
50 |
-7 |
||
0 |
|
250 |
37 |
0.148 |
-250 |
37 |
||
0 |
|
2,500 |
375 |
0.15 |
-2,500 |
375 |
||
0 |
|
25,000 |
3,865 |
0.155 |
-25,000 |
3,865 |
||
3,500 |
542 |
0.155 |
31,000 |
4,802 |
0.155 |
-27,500 |
4,260 |
|
43,500 |
6,667 |
0.153 |
120,600 |
18,232 |
0.151 |
-77,100 |
11,565 |
|
TOTAL |
179,400 |
27,318 |
0.152 |
179,400 |
27,318 |
0.152 |
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.