House Positions
posted on
Jun 12, 2014 11:53PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.17 up .015
House Positions for C:FO from 20140612 to 20140612 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
297,258 |
48,122 |
0.162 |
36,000 |
5,890 |
0.164 |
261,258 |
-42,232 |
|
101,500 |
15,732 |
0.155 |
0 |
|
101,500 |
-15,732 |
||
121,500 |
18,832 |
0.155 |
91,500 |
14,632 |
0.16 |
30,000 |
-4,200 |
|
17,500 |
2,832 |
0.162 |
1,000 |
160 |
0.16 |
16,500 |
-2,672 |
|
5,000 |
840 |
0.168 |
4,200 |
712 |
0.17 |
800 |
-128 |
|
200 |
32 |
0.16 |
258 |
43 |
0.167 |
-58 |
11 |
|
0 |
|
15,000 |
2,400 |
0.16 |
-15,000 |
2,400 |
||
0 |
|
16,000 |
2,560 |
0.16 |
-16,000 |
2,560 |
||
0 |
|
20,000 |
3,400 |
0.17 |
-20,000 |
3,400 |
||
0 |
|
75,000 |
12,374 |
0.165 |
-75,000 |
12,374 |
||
50,000 |
8,335 |
0.167 |
137,000 |
21,945 |
0.16 |
-87,000 |
13,610 |
|
21,000 |
3,305 |
0.157 |
218,000 |
33,914 |
0.156 |
-197,000 |
30,609 |
|
TOTAL |
613,958 |
98,030 |
0.16 |
613,958 |
98,030 |
0.16 |
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.