House Positions
posted on
May 30, 2014 02:36AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 down .005
House Positions for C:FO from 20140529 to 20140529 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
375,475 |
61,915 |
0.165 |
0 |
|
375,475 |
-61,915 |
||
80,500 |
13,282 |
0.165 |
8,000 |
1,319 |
0.165 |
72,500 |
-11,963 |
|
50,000 |
8,250 |
0.165 |
2,075 |
332 |
0.16 |
47,925 |
-7,918 |
|
83,400 |
13,697 |
0.164 |
61,600 |
10,102 |
0.164 |
21,800 |
-3,595 |
|
7,000 |
1,154 |
0.165 |
0 |
|
7,000 |
-1,154 |
||
5,400 |
891 |
0.165 |
5,000 |
800 |
0.16 |
400 |
-91 |
|
625 |
102 |
0.163 |
1,275 |
208 |
0.163 |
-650 |
106 |
|
0 |
|
7,500 |
1,237 |
0.165 |
-7,500 |
1,237 |
||
0 |
|
22,000 |
3,629 |
0.165 |
-22,000 |
3,629 |
||
0 |
|
27,950 |
4,610 |
0.165 |
-27,950 |
4,610 |
||
0 |
|
30,500 |
5,032 |
0.165 |
-30,500 |
5,032 |
||
10,500 |
1,680 |
0.16 |
55,500 |
9,105 |
0.164 |
-45,000 |
7,425 |
|
20,000 |
3,299 |
0.165 |
411,500 |
67,896 |
0.165 |
-391,500 |
64,597 |
|
TOTAL |
632,900 |
104,270 |
0.165 |
632,900 |
104,270 |
0.165 |
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.