House Positions
posted on
Jun 13, 2014 11:37PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 down .01
House Positions for C:FO from 20140613 to 20140613 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
115,500 |
18,907 |
0.164 |
15,000 |
2,464 |
0.164 |
100,500 |
-16,443 |
|
4,000 |
660 |
0.165 |
0 |
|
4,000 |
-660 |
||
2,000 |
320 |
0.16 |
0 |
|
2,000 |
-320 |
||
795 |
130 |
0.164 |
0 |
|
795 |
-130 |
||
450 |
72 |
0.16 |
295 |
48 |
0.163 |
155 |
-24 |
|
10,000 |
1,600 |
0.16 |
10,000 |
1,600 |
0.16 |
0 |
0 |
|
2,000 |
330 |
0.165 |
2,200 |
352 |
0.16 |
-200 |
22 |
|
0 |
|
2,000 |
320 |
0.16 |
-2,000 |
320 |
||
0 |
|
3,000 |
480 |
0.16 |
-3,000 |
480 |
||
0 |
|
5,000 |
825 |
0.165 |
-5,000 |
825 |
||
0 |
|
5,000 |
825 |
0.165 |
-5,000 |
825 |
||
500 |
82 |
0.164 |
5,750 |
920 |
0.16 |
-5,250 |
838 |
|
0 |
|
16,000 |
2,635 |
0.165 |
-16,000 |
2,635 |
||
0 |
|
16,500 |
2,640 |
0.16 |
-16,500 |
2,640 |
||
0 |
|
54,500 |
8,992 |
0.165 |
-54,500 |
8,992 |
||
TOTAL |
135,245 |
22,101 |
0.163 |
135,245 |
22,101 |
0.163 |
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.