House Positions
posted on
Jun 06, 2014 11:59PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 up .005
House Positions for C:FO from 20140606 to 20140606 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
6,000 |
960 |
0.16 |
0 |
|
6,000 |
-960 |
||
4,500 |
742 |
0.165 |
0 |
|
4,500 |
-742 |
||
4,000 |
660 |
0.165 |
0 |
|
4,000 |
-660 |
||
8,500 |
1,402 |
0.165 |
5,500 |
880 |
0.16 |
3,000 |
-522 |
|
775 |
127 |
0.164 |
0 |
|
775 |
-127 |
||
0 |
|
50 |
8 |
0.16 |
-50 |
8 |
||
50 |
8 |
0.16 |
275 |
45 |
0.164 |
-225 |
37 |
|
0 |
|
500 |
80 |
0.16 |
-500 |
80 |
||
30,000 |
4,800 |
0.16 |
47,500 |
7,686 |
0.162 |
-17,500 |
2,886 |
|
TOTAL |
53,825 |
8,699 |
0.162 |
53,825 |
8,699 |
0.162 |
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.