House Positions
posted on
Jun 21, 2014 01:33AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.175 up .01
House Positions for C:FO from 20140620 to 20140620 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
70,000 |
11,656 |
0.167 |
11,500 |
1,842 |
0.16 |
58,500 |
-9,814 |
|
7,000 |
1,120 |
0.16 |
0 |
|
7,000 |
-1,120 |
||
200 |
32 |
0.16 |
0 |
|
200 |
-32 |
||
20,000 |
3,200 |
0.16 |
20,000 |
3,300 |
0.165 |
0 |
100 |
|
0 |
|
1,000 |
175 |
0.175 |
-1,000 |
175 |
||
0 |
|
2,000 |
330 |
0.165 |
-2,000 |
330 |
||
0 |
|
5,000 |
825 |
0.165 |
-5,000 |
825 |
||
27,000 |
4,320 |
0.16 |
32,700 |
5,509 |
0.168 |
-5,700 |
1,189 |
|
0 |
|
10,000 |
1,650 |
0.165 |
-10,000 |
1,650 |
||
2,500 |
430 |
0.172 |
44,500 |
7,127 |
0.16 |
-42,000 |
6,697 |
|
TOTAL |
126,700 |
20,758 |
0.164 |
126,700 |
20,758 |
0.164 |
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.