House Positions
posted on
Jun 11, 2014 11:41PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 down .005
House Positions for C:FO from 20140611 to 20140611 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
101,500 |
15,736 |
0.155 |
5,000 |
775 |
0.155 |
96,500 |
-14,961 |
|
15,000 |
2,325 |
0.155 |
0 |
|
15,000 |
-2,325 |
||
6,000 |
930 |
0.155 |
0 |
|
6,000 |
-930 |
||
1,000 |
155 |
0.155 |
0 |
|
1,000 |
-155 |
||
445 |
68 |
0.153 |
400 |
64 |
0.16 |
45 |
-4 |
|
0 |
|
220 |
34 |
0.155 |
-220 |
34 |
||
0 |
|
225 |
34 |
0.151 |
-225 |
34 |
||
400 |
64 |
0.16 |
1,000 |
160 |
0.16 |
-600 |
96 |
|
0 |
|
10,000 |
1,550 |
0.155 |
-10,000 |
1,550 |
||
0 |
|
107,500 |
16,661 |
0.155 |
-107,500 |
16,661 |
||
TOTAL |
124,345 |
19,278 |
0.155 |
124,345 |
19,278 |
0.155 |
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.