House Positions
posted on
Jun 26, 2014 11:43PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.17 down .005
House Positions for C:FO from 20140626 to 20140626 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
136,265 |
24,111 |
0.177 |
29,000 |
5,065 |
0.175 |
107,265 |
-19,046 |
|
100,000 |
18,000 |
0.18 |
0 |
|
100,000 |
-18,000 |
||
166,000 |
29,280 |
0.176 |
88,000 |
15,640 |
0.178 |
78,000 |
-13,640 |
|
24,000 |
4,200 |
0.175 |
55 |
9 |
0.164 |
23,945 |
-4,191 |
|
70,000 |
12,600 |
0.18 |
51,000 |
8,670 |
0.17 |
19,000 |
-3,930 |
|
14,000 |
2,470 |
0.176 |
7,500 |
1,325 |
0.177 |
6,500 |
-1,145 |
|
4,000 |
720 |
0.18 |
0 |
|
4,000 |
-720 |
||
1,500 |
270 |
0.18 |
1,000 |
170 |
0.17 |
500 |
-100 |
|
55 |
9 |
0.164 |
265 |
46 |
0.174 |
-210 |
37 |
|
0 |
|
35,000 |
6,180 |
0.177 |
-35,000 |
6,180 |
||
13,000 |
2,325 |
0.179 |
317,000 |
56,880 |
0.179 |
-304,000 |
54,555 |
|
TOTAL |
528,820 |
93,985 |
0.178 |
528,820 |
93,985 |
0.178 |
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.