House Positions
posted on
Jul 04, 2014 12:19AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.17 down .005
House Positions for C:FO from 20140703 to 20140703 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
42,000 |
7,349 |
0.175 |
0 |
|
42,000 |
-7,349 |
||
38,000 |
6,609 |
0.174 |
11,500 |
2,030 |
0.177 |
26,500 |
-4,579 |
|
10,000 |
1,749 |
0.175 |
0 |
|
10,000 |
-1,749 |
||
9,400 |
1,678 |
0.179 |
2,000 |
360 |
0.18 |
7,400 |
-1,318 |
|
6,000 |
1,049 |
0.175 |
5,000 |
875 |
0.175 |
1,000 |
-174 |
|
579 |
101 |
0.174 |
400 |
72 |
0.18 |
179 |
-29 |
|
0 |
|
7,500 |
1,311 |
0.175 |
-7,500 |
1,311 |
||
0 |
|
8,000 |
1,360 |
0.17 |
-8,000 |
1,360 |
||
0 |
|
10,679 |
1,871 |
0.175 |
-10,679 |
1,871 |
||
0 |
|
19,500 |
3,412 |
0.175 |
-19,500 |
3,412 |
||
0 |
|
41,400 |
7,244 |
0.175 |
-41,400 |
7,244 |
||
TOTAL |
105,979 |
18,535 |
0.175 |
105,979 |
18,535 |
0.175 |
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.