House Positions
posted on
Jun 23, 2014 11:23PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 down .015
House Positions for C:FO from 20140623 to 20140623 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
53,000 |
8,480 |
0.16 |
5,573 |
891 |
0.16 |
47,427 |
-7,589 |
|
20,000 |
3,200 |
0.16 |
0 |
|
20,000 |
-3,200 |
||
10,500 |
1,680 |
0.16 |
0 |
|
10,500 |
-1,680 |
||
9,600 |
1,536 |
0.16 |
0 |
|
9,600 |
-1,536 |
||
1,376 |
216 |
0.157 |
300 |
49 |
0.163 |
1,076 |
-167 |
|
200 |
33 |
0.165 |
0 |
|
200 |
-33 |
||
5,000 |
800 |
0.16 |
4,910 |
783 |
0.159 |
90 |
-17 |
|
0 |
|
5,993 |
958 |
0.16 |
-5,993 |
958 |
||
12,000 |
1,920 |
0.16 |
35,500 |
5,680 |
0.16 |
-23,500 |
3,760 |
|
0 |
|
24,900 |
3,984 |
0.16 |
-24,900 |
3,984 |
||
0 |
|
34,500 |
5,520 |
0.16 |
-34,500 |
5,520 |
||
TOTAL |
111,676 |
17,865 |
0.16 |
111,676 |
17,865 |
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.