House Positions
posted on
Jun 10, 2014 11:23PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 down .005
House Positions for C:FO from 20140610 to 20140610 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
316,200 |
49,530 |
0.157 |
12,000 |
1,920 |
0.16 |
304,200 |
-47,610 |
|
5,000 |
775 |
0.155 |
0 |
|
5,000 |
-775 |
||
1,055 |
168 |
0.159 |
0 |
|
1,055 |
-168 |
||
1,000 |
154 |
0.154 |
0 |
|
1,000 |
-154 |
||
700 |
108 |
0.154 |
255 |
40 |
0.157 |
445 |
-68 |
|
0 |
|
2,800 |
433 |
0.155 |
-2,800 |
433 |
||
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
0 |
|
12,000 |
1,920 |
0.16 |
-12,000 |
1,920 |
||
0 |
|
20,000 |
3,200 |
0.16 |
-20,000 |
3,200 |
||
0 |
|
108,000 |
16,990 |
0.157 |
-108,000 |
16,990 |
||
1,500 |
232 |
0.155 |
160,400 |
24,864 |
0.155 |
-158,900 |
24,632 |
|
TOTAL |
325,455 |
50,967 |
0.157 |
325,455 |
50,967 |
0.157 |
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.