House Positions
posted on
May 26, 2014 11:29PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 up .005
House Positions for C:FO from 20140526 to 20140526 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
88,000 |
14,080 |
0.16 |
0 |
|
88,000 |
-14,080 |
||
23,000 |
3,680 |
0.16 |
0 |
|
23,000 |
-3,680 |
||
976 |
150 |
0.154 |
0 |
|
976 |
-150 |
||
0 |
|
350 |
52 |
0.149 |
-350 |
52 |
||
2,000 |
320 |
0.16 |
3,000 |
480 |
0.16 |
-1,000 |
160 |
|
0 |
|
5,000 |
800 |
0.16 |
-5,000 |
800 |
||
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
1,000 |
155 |
0.155 |
86,626 |
13,853 |
0.16 |
-85,626 |
13,698 |
|
TOTAL |
114,976 |
18,385 |
0.16 |
114,976 |
18,385 |
0.16 |
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.