House Positions
posted on
Jun 05, 2014 11:31PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 no change
House Positions for C:FO from 20140605 to 20140605 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
22,500 |
3,712 |
0.165 |
300 |
48 |
0.16 |
22,200 |
-3,664 |
|
2,500 |
400 |
0.16 |
0 |
|
2,500 |
-400 |
||
2,000 |
330 |
0.165 |
0 |
|
2,000 |
-330 |
||
785 |
125 |
0.159 |
200 |
33 |
0.165 |
585 |
-92 |
|
200 |
33 |
0.165 |
0 |
|
200 |
-33 |
||
0 |
|
250 |
40 |
0.16 |
-250 |
40 |
||
2,000 |
320 |
0.16 |
2,500 |
400 |
0.16 |
-500 |
80 |
|
0 |
|
2,000 |
320 |
0.16 |
-2,000 |
320 |
||
2,000 |
320 |
0.16 |
26,735 |
4,399 |
0.165 |
-24,735 |
4,079 |
|
TOTAL |
31,985 |
5,240 |
0.164 |
31,985 |
5,240 |
0.164 |
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.