House Positions
posted on
May 27, 2014 11:31PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 up .01
House Positions for C:FO from 20140527 to 20140527 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
59,068 |
9,478 |
0.16 |
0 |
|
59,068 |
-9,478 |
||
36,500 |
5,840 |
0.16 |
0 |
|
36,500 |
-5,840 |
||
18,000 |
2,880 |
0.16 |
0 |
|
18,000 |
-2,880 |
||
19,500 |
3,140 |
0.161 |
2,500 |
412 |
0.165 |
17,000 |
-2,728 |
|
4,000 |
652 |
0.163 |
0 |
|
4,000 |
-652 |
||
300 |
48 |
0.16 |
68 |
11 |
0.162 |
232 |
-37 |
|
0 |
|
9,500 |
1,567 |
0.165 |
-9,500 |
1,567 |
||
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
74,500 |
11,920 |
0.16 |
189,800 |
30,368 |
0.16 |
-115,300 |
18,448 |
|
TOTAL |
211,868 |
33,958 |
0.16 |
211,868 |
33,958 |
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.