House Positions
posted on
Jun 16, 2014 11:27PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 up .005
House Positions for C:FO from 20140616 to 20140616 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
64,000 |
10,559 |
0.165 |
10,000 |
1,650 |
0.165 |
54,000 |
-8,909 |
|
84,000 |
13,460 |
0.16 |
64,500 |
10,592 |
0.164 |
19,500 |
-2,868 |
|
9,500 |
1,567 |
0.165 |
0 |
|
9,500 |
-1,567 |
||
18,000 |
2,880 |
0.16 |
16,000 |
2,639 |
0.165 |
2,000 |
-241 |
|
200 |
33 |
0.165 |
0 |
|
200 |
-33 |
||
249 |
39 |
0.157 |
200 |
33 |
0.165 |
49 |
-6 |
|
1,500 |
247 |
0.165 |
1,500 |
247 |
0.165 |
0 |
0 |
|
0 |
|
1,000 |
165 |
0.165 |
-1,000 |
165 |
||
0 |
|
10,749 |
1,719 |
0.16 |
-10,749 |
1,719 |
||
5,000 |
825 |
0.165 |
18,500 |
2,960 |
0.16 |
-13,500 |
2,135 |
|
0 |
|
60,000 |
9,605 |
0.16 |
-60,000 |
9,605 |
||
TOTAL |
182,449 |
29,610 |
0.162 |
182,449 |
29,610 |
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.